16:00 EDT - As a sign investors are dialing back fears and embracing
hope for the euro zone, safe-haven assets -- Treasurys and German
bunds -- are losers for week. The 10-year Treasury yield rose by eight
basis points this week. The 10-year German bund is a bigger loser,
with its yield higher by around 15 basis points for the week. In
contrast, the 10-year Portugal government bond's yield tumbled more
than 100 basis points this week. The 10-year Spanish government bond's
yield fell by more than 50 basis points over the same span. Next
week's EU summit will be key driver for investors sentiment and with
hopes running high for some solutions, any disappointment could send
investors back to Treasurys. (min.zeng@dowjones.com)
(END) Dow Jones Newswires
June 22, 2012 16:00 ET (20:00 GMT)
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