(Bloomberg) -- Emerging-market bonds rose as a
decline in U.S. Treasury yields generated demand for the riskier
securities sold by developing nations.
Appetite for high-risk assets is rebounding after
declining last week, when the yield on the 10-year note surged
the most since March 31, 2006. Speculation that losses related
to subprime mortgages might spread also curtailed demand for
emerging-market bonds. The yield on the benchmark 10-year note
fell almost 3 basis points to 5.16 percent today, according to
bond broker Cantor Fitzgerald LP.
Read more at Bloomberg Bonds News
decline in U.S. Treasury yields generated demand for the riskier
securities sold by developing nations.
Appetite for high-risk assets is rebounding after
declining last week, when the yield on the 10-year note surged
the most since March 31, 2006. Speculation that losses related
to subprime mortgages might spread also curtailed demand for
emerging-market bonds. The yield on the benchmark 10-year note
fell almost 3 basis points to 5.16 percent today, according to
bond broker Cantor Fitzgerald LP.
Read more at Bloomberg Bonds News
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