Tuesday, May 15, 2007

Treasuries Decline as International Investors Move From Government Debt

(Bloomberg) -- Treasuries fell a third day, as investors sold U.S. denominated debt amid weakness in international bond markets.

The Treasury market gave back earlier gains that followed a government report showing April consumer prices increased less than economists forecast, suggesting the Federal Reserve could hold rates steady. European government bond yields were at five- year highs after stronger-than-expected growth reports.


Read more at Bloomberg Bonds News

No comments: