Friday, May 4, 2007

TREASURIES-Bonds rise slightly with eyes on payrolls

(Reuters) - According to a Reuters poll, the non-farm payrolls for April will show 100,000 jobs were added, compared with a stronger 180,000 in March. But traders were betting in a derivatives auction late on Thursday that 88,900 jobs were added last month.

"The payrolls are a bit of a lottery today but we sense that a number below 70,000 would rally the market and a figure above 120,000 would send it south," said Marc Ostwald, a bond analyst at Insinger de Beaufort in London.


Read more at Reuters.com Bonds News

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