Monday, June 4, 2007

Treasuries Gain Amid High Yields, Stock Declines in China, Europe, U.S.

(Bloomberg) -- Treasuries gained as interest rates
near their high for the year and the safety of government debt
attracted investors after China's benchmark stock index fell 7.7
percent.

The benchmark 10-year Treasury yield, which moves inversely
to its price, reached a nine-month high June 1 of 4.96 percent.
Equity indexes in the U.S. and Europe also declined.


Read more at Bloomberg Bonds News

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