Wednesday, June 13, 2007

Treasuries Little Changed; Report Will Probably Show Producer Price Gain

(Bloomberg) -- U.S. Treasuries were little changed,
after a six-week increase in yields, before a government report
today that will probably show rising inflationary pressures.

The Labor Department may say producer prices excluding food
and energy costs increased 0.2 percent in May from a month
earlier, after being unchanged in April, according to a
Bloomberg News survey of economists. Ten-year notes yesterday
rose the most since February as some investors bet higher global
borrowing costs will slow economic growth.


Read more at Bloomberg Bonds News

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