Thursday, May 31, 2007

TREASURIES-Strong economic data lift yield to 9-month high

(Reuters) - NEW YORK, May 31 - U.S. government bond prices
retreated on Thursday after robust economic data further curbed
expectations of an interest rate cut by year-end.




For a time, it looked as if bonds would suffer their
biggest drop in a week, but prices found some support at
technical levels and that, combined with some month-end buying,
lifted prices from their lows, analysts said.


Read more at Reuters.com Bonds News

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