(Reuters) - With yields at their highest since January, bond investors
looking for any sign of deterioration in the U.S. economy were
disappointed by the rise in home sales in April.
U.S. sales of new homes rose 16.2 percent, the sharpest
climb in 14 years, while prices fell a record 11 percent,
according to a government report. For details see
[ID:nN23227556].
Read more at Reuters.com Bonds News
looking for any sign of deterioration in the U.S. economy were
disappointed by the rise in home sales in April.
U.S. sales of new homes rose 16.2 percent, the sharpest
climb in 14 years, while prices fell a record 11 percent,
according to a government report. For details see
[ID:nN23227556].
Read more at Reuters.com Bonds News
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