Thursday, April 26, 2007

TREASURIES-Inch higher in Asia before GDP data

(Reuters) - The median of forecasts of analysts polled by Reuters is for first-quarter GDP, due at 1230 GMT, to rise to a 1.8 percent annual rate, compared with an increase of 2.5 percent in the fourth quarter of 2006.

Given recent mixed U.S. data, traders said the market was looking for clues from GDP to the strength of the economy and influence on the Federal Reserve's monetary policy decisions.


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