Thursday, April 19, 2007

U.S. Treasuries Pare Gains and Are Little Changed After a Three-Day Rally

(Bloomberg) -- U.S. Treasuries were little changed, erasing gains after a three-day rally.

Bonds have gained this week, fueled by a government report released on April 17 that showed inflation excluding energy and food slowed more than economists forecast in March. Treasuries also benefited earlier today as declines in stock markets fed demand for the safest assets.


Read more at Bloomberg Bonds News

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