Friday, July 27, 2007

TREASURIES-Bonds rise, taking cues from slide in stocks

(Reuters) - NEW YORK, July 27 - U.S. Treasuries rallied in
volatile trading on Friday, sending benchmark yields to two
two-month lows, as U.S. stock prices went into another steep
slide and investors continued to fret over a global credit
crunch.




Data showingthe U.S. economy grew at a surprisingly strong
rate in the second quarter of 2007 only briefly calmed fears of
a slump following this week's turmoil in global financial
markets. See [ID:nN27292437] for details.


Read more at Reuters.com Bonds News

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