U.S. Benchmark Treasury Yields Near Two-Month Low on Corporate Debt Risk

(Bloomberg) -- U.S. 10-year Treasury yields were
near the lowest in more than two months as a gauge of risk on
corporate debt surged to the highest in at least three years.

Two-year yields matched the lowest since March after
Germany's IKB Deutsche Industriebank AG reported losses on U.S.
subprime mortgages. Treasuries may extend gains for a fourth
week on concern rising defaults on home loans to people with
poor credit histories will hurt the economy.


Read more at Bloomberg Bonds News