Tuesday, June 5, 2007

TREASURIES-Momentum, plus looming Bernanke, weigh on bonds

(Reuters) - Downward seems like the path of least resistance for bonds
these days, with analysts increasingly convinced that anemic
first-quarter growth was but a blip in an otherwise sound
recovery.




"The second quarter is looking a lot better," said Joseph
Di Censo, fixed-income strategist at Lehman Brothers. "The bond
market is also having a delayed reaction to stronger growth and
inflation outside the U.S."


Read more at Reuters.com Bonds News

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