Saturday, June 2, 2007

Treasury Yields Touch Nine-Month High on Strength in Jobs, Manufacturing

(Bloomberg) -- Treasuries declined, pushing 10-
year note yields to the highest level in more than nine
months, as larger-than-forecast gains in employment and
manufacturing suggested economic growth is accelerating.

Ten-year securities fell for a fourth week as traders
erased bets the Federal Reserve will cut interest rates
later this year.


Read more at Bloomberg Bonds News

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