Sun, Sep 23, 2007 - Page 10 News List

Rising US stocks face headwinds

POWERFUL RALLY While the Fed's interest rate cut provides insurance against an economic downturn, investors are wondering if this signals trouble ahead

AFP , NEW YORK

Bonds fell over the past week amid a move into equities and on concerns that the rate cut may lead to higher inflation.

The yield on the 10-year Treasury bond jumped to 4.632 percent from 4.462 percent a week earlier, and that on the 30-year Treasury rose to 4.891 percent from 4.724 percent. Bond prices and yields move in opposite directions.

This story has been viewed 1826 times.
TOP top