Sunday, July 1, 2007

U.S. Notes Fall; 10-Year Yield Near Lowest in Three Weeks Erodes Demand

(Bloomberg) -- U.S. 10-year Treasuries fell as
yields near their lowest in three weeks curtailed demand.

The benchmark 10-year yield rose 2 basis points, or 0.2
percentage point, to 5.04 percent, according to Cantor
Fitzgerald LP. The price of the 4 1/2 percent security due in
May 2017 fell 1/8, or $1.25 per $1,000 face amount, to 95 28/32.


Read more at Bloomberg Bonds News

No comments: