Friday, May 18, 2007

TREASURIES-Bonds turn negative in reaction to higher stocks

(Reuters) - NEW YORK, May 18 - U.S. Treasury debt prices fell
on Friday, reversing earlier gains to push benchmark yields to
one-month highs as stocks opened higher siphoning cash out of
the bond market.




Bond prices often move inversely to stocks as investors
allocate assets between lower-risk Treasuries and higher-risk
equities.


Read more at Reuters.com Bonds News

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