Treasuries Gain Amid Weakness in Pending Home Sales, Stocks

Story date: 2007-10-02 10:38:00
Added on: 2007-10-02 11:21:38

Bloomberg - Morgan Stanley, the world's second-biggest securities firm, became the latest to announce job cuts to offset a decline in mortgage-related revenue after record U.S. home foreclosures sapped demand for bonds backed by home loans. The firm is cutting ...


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