Here is a recap of today's futures market action.
U.S. 10-year Treasury bonds rose 1/32 to a yield of 4.788%, as U.S. equities continued to drop. Treasuries saw the largest weekly advance in four months on investors leaving the equities market as well as speculation on a possible credit crunch.
The dollar rose to a 2-week high against the Euro and advanced the most versus the pound since March. Subprime fears have brought U.S. investors back into the currency.
Second-quarter GDP reports came in higher than expected posting a... (continued)
