Monday, July 16, 2007

U.S. Treasuries Little Changed Before Inflation, Housing Reports, Bernanke

(Bloomberg) -- U.S. Treasuries were little changed
before government reports this week that will probably show
inflation slowed and home building declined.

Notes have risen in the past week on speculation weakness
in the subprime mortgage market will exacerbate falling home
values and damp economic growth. Federal Reserve Chairman Ben S.
Bernanke may be questioned about housing on July 18 and 19 in
semi-annual testimony to the House Financial Services Committee.


Read more at Bloomberg Bonds News

No comments: