Thursday, June 21, 2007

Futures flat as oil, bond yields weigh

(Reuters) - Concerns that higher borrowing costs could cut into corporate profits and slow the pace of takeovers fanned Wednesday's market drop. The yield on the 10-year Treasury note was up at 5.15 percent from the 5.13 percent seen late on Wednesday.




London benchmark Brent crude was up 0.8 percent at $70.96 a barrel after dropping $1.42 on Wednesday.


Read more at Reuters.com Business News

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