Friday, May 25, 2007

TREASURIES-Bonds off lows on housing data, stocks weigh

(Reuters) - Bullish stocks and fading prospects of an interest rate cut
by the Federal Reserve this year have driven investors away
from safe-haven Treasuries, pushing benchmark yields to
four-month highs this week.




Government bonds are on track for a third straight week of
losses and benchmark 10-year yields have risen about 30 basis
points in the last two weeks.


Read more at Reuters.com Bonds News

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