Monday, July 2, 2007

TREASURIES-Fear bid boosts bonds after UK events

(Reuters) - NEW YORK, July 2 - U.S. Treasuries rose on
Monday, sending 10-year yields below 5 percent for the first
time since early June, as global bonds rallied on security
worries and shrugged off strong U.S. factory data.




Traders said attempted car-bomb attacks in London on
Friday, Saturday's attack on the airport in Glasgow, Scotland,
and the killing of seven Spanish tourists and two Yemenis in a
blast in Yemen kept a constant bid in the Treasury market.


Read more at Reuters.com Bonds News

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