Tuesday, June 19, 2007

TREASURIES-Bonds steady after home starts data in line

(Reuters) - NEW YORK, June 19 - U.S. government debt prices
were steady on Tuesday, after data on housing starts that were
roughly in line with forecasts supported the view the housing
sector would remain an economic drag.




Government data showed housing starts decreased 2.1 percent
to an annualized rate of 1.474 million units in May, versus an
expected 1.480 million units and a downwardly revised 1.506
million units in April.


Read more at Reuters.com Bonds News

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