Monday, July 2, 2007

Treasuries Fall Before U.S. Report Forecast to Show Manufacturing Growth

(Bloomberg) -- U.S. Treasuries fell before a private
report that's forecast to show expansion in U.S. manufacturing
held near the highest in 13 months in June.

The 10-year yield rose 2 basis points to 5.03 percent as of
7:23 a.m. in New York, according to Cantor Fitzgerald LP. The
price of the 4 1/2 percent security maturing in May 2017 fell
3/32, or 94 cents per $1,000 face amount, to 95 28/32. A basis
point is 0.01 percentage point.


Read more at Bloomberg Bonds News

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