Friday, June 1, 2007

TREASURIES-Prices fall as job growth shrinks chance of rate cuts

(Reuters) - NEW YORK, June 1 - U.S. government debt prices
slid on Friday after strong labor and manufacturing reports
all but quashed the market's remaining hopes for a Federal
Reserve interest-rate cut this year.




The retreat sent benchmark yields, which move inversely to
prices, to their highest levels in more than nine months.


Read more at Reuters.com Bonds News

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