Monday, April 30, 2007

Treasuries Gain as Fed's Inflation Rate Is Less Than Forecast During March

(Bloomberg) -- U.S. Treasuries increased after a government report showed a measure of inflation closely watched by the Federal Reserve was less than forecast in March.

The report may add to speculation that price increases are slowing, allowing the central bank scope to lower interest rates later this year.


Read more at Bloomberg Bonds News

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