Friday, April 20, 2007

TREASURIES-Bond prices flat, eyeing stocks, speakers

(Reuters) - U.S. stock market futures were pointing to a higher open, which could put some downward pressure on Treasury prices, traders said.

"There isn't any news, so stocks, the European market; peripheral things will drive Treasury prices today. I don't expect the range to be that large and feel consolidation is in store," said Tom Tucci, head Treasuries trader at RBC Capital Markets in New York.


Read more at Reuters.com Bonds News

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