Treasuries Little Changed Before Report Forecast to Show Gain in Housing

(Bloomberg) -- Treasuries were little changed as a
private report may show pending sales of U.S. homes rose in May
from the lowest level in four years.

The yield on the benchmark 10-year Treasury note is close
to 4.99 percent, a 38 percent retracement from the highest yield
of 2007 to the lowest, and it's near 4.96 percent, which
represents the top of the trading range for the security from
August 2006 through May on weekly charts.


Read more at Bloomberg Bonds News