(Reuters) - U.S. sub-prime mortgage sector woes have resurfaced after several Wall street banks unwound positions in two Bear Stearns hedge funds that were heavily invested in the riskiest U.S. home loans.
That has added to recent worries about rising interest rates, after the yield on 10-year benchmark U.S. Treasuries shot up to five-year highs around 5.30 percent earlier this month.
Read more at Reuters.com Bonds News
That has added to recent worries about rising interest rates, after the yield on 10-year benchmark U.S. Treasuries
Read more at Reuters.com Bonds News
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