You are here: Mortgage News Home » Mortgage News Archive » 2007 » 11 » 19

RSS Feed

Treasurys up again on credit worries (Lexington Herald-Leader)

Story date: 2007-11-19 09:43:02
Added on: 2007-11-19 22:23:27


Treasurys rose slightly Monday as investors once more turned to the safety of government-backed bonds amid to worries that the capital markets will suffer a new bout of serious mortgage-related problems. Goldman Sachs Group Inc. Monday placed Citigroup Inc. on its "sell" list, and predicted the bank may have to write off $15 billion more in bad assets backed by poor-quality mortgages. In ...


Read more...





Related Stories: