Thursday, June 28, 2007

U.S. 10-Year Notes Fall on Speculation Fed May Keep Anti-Inflation Tilt

(Bloomberg) -- U.S. Treasuries fell on speculation
Federal Reserve policy makers will reiterate that inflation is
the biggest risk to the economy when they finish meeting today.

All 113 economists surveyed by Bloomberg News predict the
Fed will keep its key rate at 5.25 percent for an eighth time,
leaving Treasury yields below the central bank's benchmark. The
difference in yields between two and 10-year notes narrowed to
the least in more than a week on speculation inflation will ease.


Read more at Bloomberg Bonds News

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