(Bloomberg) -- Treasuries rose amid speculation
hedge fund losses linked to subprime mortgage loans will fuel
demand for the world's safest, most liquid investment.
Other government bond markets also gained after Bear
Stearns Cos. last week offered $3.2 billion in loans to bail out
a hedge fund it managed. U.S. notes remained higher after an
industry report showed sales of previously owned homes fell in
May to the lowest in almost four years.
Read more at Bloomberg Bonds News
hedge fund losses linked to subprime mortgage loans will fuel
demand for the world's safest, most liquid investment.
Other government bond markets also gained after Bear
Stearns Cos. last week offered $3.2 billion in loans to bail out
a hedge fund it managed. U.S. notes remained higher after an
industry report showed sales of previously owned homes fell in
May to the lowest in almost four years.
Read more at Bloomberg Bonds News
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