Sunday, June 3, 2007

U.S. Treasury Yields Hold Near Highest Since August on Outlook for Growth

(Bloomberg) -- U.S. 10-year Treasury yields held at
their highest since August on speculation economic growth will
quicken as hiring and manufacturing pick up.

Inflation expectations among traders rose to the highest in
three weeks, judging by yields. Ten-year Treasury inflation
protected securities yielded 2.39 percentage points more than
conventional notes, the widest spread since May 8. The
difference represents the rate of inflation investors expect
over the life of the securities.


Read more at Bloomberg Bonds News

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