Friday, June 15, 2007

TREASURIES-Bonds in relief rally on tame core inflation

(Reuters) - NEW YORK, June 15 - U.S. government bond prices
staged a relief rally on Friday, cheered by benign data on core
inflation and weak consumer sentiment, which reduced prospects
of an interest rate increase from the Federal Reserve.




U.S. government bonds, which have been hammered by concerns
about inflation and fears of rising interest rates globally,
also got a reprieve from unexpectedly soft data on industrial
output and capacity utilization.


Read more at Reuters.com Bonds News

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