Tuesday, July 24, 2007

TREASURIES-Bonds barely higher despite sagging equities

(Reuters) - "Even though there was strength in the TIPS auction, the nominal market is meeting some resistance at current price levels," said Matthew Moore, economic strategist at Banc of America Securities in New York.




The 10-year Treasury note was up 1/32 in price for a yield 4.95 percent, while the 30-year bond fell 3/32, yielding 5.06 percent.


Read more at Reuters.com Hot Stocks News

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