Thursday, June 14, 2007

U.S. Treasuries Decline, Resuming Six-Week Slump, Before Inflation Reports

(Bloomberg) -- U.S. Treasuries fell, resuming a
six-week slump, before government reports that will probably
show faster inflation.

The spread between 10-year and two-year yields has widened
to 14 basis points, from 2 basis points at the start of the
month. The Labor Department may say producer prices excluding
food and energy costs increased 0.2 percent in May from a month
earlier, after being unchanged in April, according to a
Bloomberg News survey of economists.


Read more at Bloomberg Bonds News

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