Monday, May 21, 2007

Ten-Year Treasury Yields Trade at Three-Month High as Inflation Restrained

(Bloomberg) -- U.S. notes may gain as 10-year yields
approached the highest this year, attracting investors who are
betting slowing economic growth will keep inflation in check.

Ten-year yields, which move in the opposite direction as
prices, rose to 4.81 percent at the end of last week, climbing
toward the 2007 high of 4.90 percent set Jan. 26. Home sales
held near a four-year low in April, evidence that housing is the
weakest part of the economy, a report this week may show.


Read more at Bloomberg Bonds News

No comments: