Friday, May 4, 2007

TREASURIES-Bonds rise on weaker-than-expected payrolls

(Reuters) - Many traders had been bracing themselves for a weak payrolls number, which limited bond market gains even though the 88,000 jobs added in April was the the slimmest increase in more than two years. Economists had forecast 100,000 new jobs for April. For details see [ID:nN03299008].

The bond price rise was also kept in check by stronger stock futures.


Read more at Reuters.com Bonds News

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