Wednesday, April 25, 2007

TREASURIES-Bonds flat after mixed durables, housing data

(Reuters) - NEW YORK, April 25 - U.S. government bond prices traded flat on Wednesday after fresh signs of housing market weakness offset a stronger-than-expected durable goods report.

Benchmark yields remained near their April lows that were hit on Tuesday, when broadly weak housing and consumer confidence data raised expectations of an official interest rate cut this year to counter a slowing economy.


Read more at Reuters.com Bonds News

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