Thursday, May 10, 2007

TREASURIES-Bonds up on weak economy but auction caps gains

(Reuters) - Treasuries were boosted by a sell-off in stocks, which were undermined by the unexpectedly large U.S. trade deficit for March and weaker-than-forecast April sales from U.S. retailers.

But a poorly received long-bond sale jolted the market and trimmed bonds' gains.


Read more at Reuters.com Bonds News

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