Wednesday, June 6, 2007

U.S. Treasuries Advance as Yields at 10-Month High Attract Investors

(Bloomberg) -- U.S. Treasuries advanced as yields
near a 10-month high attracted investors.

Bonds stayed higher even as Federal Reserve Bank of
Cleveland President Sandra Pianalto said today U.S. inflation is
faster than she'd like. Yields on both two-year and 10-year
Treasuries yesterday rose to the highest since August, paced by
signs economic growth is quickening.


Read more at Bloomberg Bonds News

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