Tuesday, May 22, 2007

TREASURIES-Bunds, hedging push yields to 3-1/2-month highs

(Reuters) - NEW YORK, May 22 - U.S. Treasury debt prices fell
on Tuesday, with benchmark yields posting 3-1/2 month highs, on
a combination of factors including weaker euro zone debt and
supply-related hedging.




The Treasury market resumed its recent decline as Bund
yields rose to multi-year highs after Germany's ZEW investor
sentiment data reinforced the outlook for strength in the euro
zone economy, which could lead to more interest rate hikes by
the European Central Bank, analysts said.


Read more at Reuters.com Bonds News

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