Friday, April 20, 2007

TREASURIES-Inch down in Asia as stocks rebound

(Reuters) - "Following their drop yesterday, Asian stocks are recovering, so Treasuries are not extending yesterday's gains," said a dealer at a U.S. securities house in Tokyo.

The benchmark Shanghai Composite Index rose nearly 3 percent on Friday as concerns abated about an overheating Chinese economy, keeping demand intact for riskier assets such as those of emerging markets.


Read more at Reuters.com Bonds News

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