(Reuters) - NEW YORK, July 5 - U.S. Treasury debt prices fell
on Thursday after stronger-than-expected data on jobs and the
services sector suggested to investors the Federal Reserve will
not move to cut official interest rates any time soon.
Bonds got off to a rocky start, following euro zone debt
down before the European Central Bank left rates on hold at 4
percent, as expected, but also signaled a September increase is
likely. In Britain, the Bank of England raised rates by 25
basis points to a six-year high of 5.75 percent.
Read more at Reuters.com Bonds News
on Thursday after stronger-than-expected data on jobs and the
services sector suggested to investors the Federal Reserve will
not move to cut official interest rates any time soon.
Bonds got off to a rocky start, following euro zone debt
down before the European Central Bank left rates on hold at 4
percent, as expected, but also signaled a September increase is
likely. In Britain, the Bank of England raised rates by 25
basis points to a six-year high of 5.75 percent.
Read more at Reuters.com Bonds News
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