Friday, June 29, 2007

GLOBAL MARKETS-Subsiding inflation lifts US stocks, bonds

(Reuters) - NEW YORK, June 29 - U.S. stocks and government
bond prices rose on Friday after data showed inflation
pressures moderating, while signs of strength in the
manufacturing sector also aided shares.




In the currency market, the euro and other high-yielding
currencies climbed against the dollar while the low-yielding
yen weakened across the board as investors' appetite for risk
returned.


Read more at Reuters.com Bonds News

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