Sunday, June 17, 2007

WEEKEAHEAD-Emerging debt may extend gains, Treasuries permitting

(Reuters) - Volatility should remain high, however, as bond prices
continue to track an unstable U.S. Treasury market, which saw
benchmark 10-year Treasury yields hit a five-year high of 5.3
percent last week.




Treasury yields retreated on Friday, as a
lower-than-expected core U.S. producer prices index reduced
inflation fears, clearing the way for a rally in
higher-yielding emerging markets assets.


Read more at Reuters.com Bonds News

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