Monday, May 28, 2007

Treasuries Fall Before Report That Will Show Consumer Sentiment Rebounded

(Bloomberg) -- Treasuries declined, pushing yields on
benchmark 10-year notes to the highest since January, before a
report today that will probably show confidence among U.S.
consumers rebounded this month.

Ten-year yields have risen almost half a percentage point in
the past four weeks on expectations signs of economic growth will
limit the scope for a cut in interest rates by the Federal
Reserve this year.


Read more at Bloomberg Bonds News

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