Thursday, April 19, 2007

U.S. Notes Head for Weekly Gain as Inflation Slows, Housing Market Weakens

(Bloomberg) -- U.S. 10-year Treasuries headed for a weekly gain on speculation inflation will slow because economic growth may weaken.

Notes snapped a four-week run of losses after an inflation index this week declined more than economists predicted. A housing recession is feeding expectations the Federal Reserve will cut interest rates by the end of the year.


Read more at Bloomberg Bonds News

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