Monday, July 9, 2007

U.S. Treasuries Little Changed; Bernanke May Highlight Inflation Concerns

(Bloomberg) -- U.S. Treasury notes were little
changed, with inflation expectations at a two-week high, before
Federal Reserve Governor Ben S. Bernanke speaks today.

Notes may extend a decline this month on speculation
Bernanke will say he is still concerned that rising prices for
goods and services are the biggest problem facing the U.S.
economy. Treasuries have lost 0.4 percent in July, including
reinvested interest, adding to losses in May and June, according
to Merrill Lynch & Co. data.


Read more at Bloomberg Bonds News

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