Wednesday, May 16, 2007

TREASURIES-Bonds little changed after homes, industry data

(Reuters) - NEW YORK, May 16 - U.S. Treasury debt prices were largely unchanged on Wednesday after data on housing starts and industrial production did little to alter expectations on interest rate moves by the Federal Reserve.

Bond traders largely shrugged off data showing industrial output rose by a bigger-than-expected 0.7 percent in April. For details see [ID:nN16182638].


Read more at Reuters.com Bonds News

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