Posted on 08/24/2007 10:04:37 AM PDT by Hydroshock
NEW YORK (CNNMoney.com) -- Bond remained higher Friday despite a surprisingly strong durables goods reading as credit worries continued to trouble investors.
The dollar fell against the euro and the yen.
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The 10-year benchmark note gained 8/32, or $2.50 on a $1,000 note, to yield 4.62 percent, down from 4.64 late Thursday. Bond prices and yields move in opposite directions.
Bernanke: The un-Greenspan The closely watched three-month Treasury bills, which have been the focus of the market this week, rose to 4.04 percent from 3.93 the previous session, suggesting that investors were no longer looking to the shorter-dated securities for safety.
(Excerpt) Read more at money.cnn.com ...
"Am I High? I swear, someone told me it was just a vitamin pill."
Good one! Beat me to it.
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