Monday, June 18, 2007

Ten-Year Treasury Yield Trades Near Five-Year High Before Housing Reports

(Bloomberg) -- Treasuries were little changed, with
yields near the highest in five years, before U.S. reports
forecast to show the housing market is slowing down.

Industry data today will show sentiment among homebuilders
matched the lowest since 1991, and a separate report tomorrow
will signal housing construction fell to a four-month low,
according to Bloomberg surveys of economists.


Read more at Bloomberg Bonds News

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