Treasuries fall as the U.S. & U.K. tighten security after two attempted car bombings

Treasuries fell as the U.S. and the U.K. tightened security following two attempted car bombings in London and an attack on Glasgow airport, reducing demand for the relative safety of government debt.

Ten-year yields fell to a three-week low last week when the threats cut the attraction of riskier securities. U.K. police arrested five people and searched houses, while adding officers to patrols in crowded areas. The U.S. increased the number of air marshals on overseas flights.

I hate it that the terrorists always seem to win no matter what!!!!

 

1 Comments on Treasuries fall as the U.S. & U.K. tighten security after two attempted car bombings

Lets see what happens with the Bear Stearns Mortgage-backed securities worries.

07/01/2007 10:51 PM by Orlando Homes Armando Rodriguez Real Estate & Mortgage Broker-GRI (QUEST REALTY SERVICES)


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