Tuesday, May 1, 2007

U.S. Treasuries May Fall for Second Day Ahead of Non-Farm Payrolls Report

(Bloomberg) -- U.S. Treasuries may drop for a second day ahead of a government report on employment.

The data in two days may show employers in the U.S. added 100,000 workers to payrolls this month, the fewest in two years, according to a Bloomberg News survey. U.S. bonds fell yesterday after manufacturing growth accelerated to an almost one-year high in April and rising prices for materials became more widespread.


Read more at Bloomberg Bonds News

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