(Reuters) - Bonds briefly trimmed their losses after a report showed pending sales of existing U.S. homes in May unexpectedly fell to their lowest level in more than 5-1/2 years.
The rise was short-lived, however, as May factory orders posted a much smaller fall than predicted and April's rise was revised higher. Sellers stepped in after the market's second attempt this week to push benchmark yields decisively below 5 percent failed.
Read more at Reuters.com Hot Stocks News
The rise was short-lived, however, as May factory orders posted a much smaller fall than predicted and April's rise was revised higher. Sellers stepped in after the market's second attempt this week to push benchmark yields decisively below 5 percent failed.
Read more at Reuters.com Hot Stocks News
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