Wednesday, April 25, 2007

U.S. Notes May Rise on Speculation Report to Show Slowing Economic Growth

(Bloomberg) -- U.S. Treasuries may rise on expectations a government report tomorrow will show economic growth is slowing enough to keep the Federal Reserve from raising interest rates.

Notes trimmed losses from yesterday as some investors said economic figures over the past week and a half increase the odds the central bank will cut rates later in the year to spur growth. The U.S. economy grew at the weakest pace in more than a year in the first quarter, according to a Bloomberg News survey of economists before tomorrow's report.


Read more at Bloomberg Bonds News

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