Friday, June 15, 2007

Treasuries Fall, Heading for Sixth Weekly Decline, Before Inflation Report

(Bloomberg) -- U.S. Treasuries fell, heading for a
sixth weekly decline, as a government report today will probably
show inflation accelerated last month.

Yields on benchmark 10-year bonds rose 13 basis points to
5.239 percent this week, while those on Treasury Inflation
Protected Securities increased 9 points to 2.79 percent,
signaling increased concern about gains in consumer prices.


Read more at Bloomberg Bonds News

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