Wednesday, 30 May 2007

TREASURIES-Bond prices rise on weak stocks, jobs data

(Reuters) - NEW YORK, May 30 - U.S. government bond prices
gained on Wednesday from a safe-haven bid sparked by falling
global equities and helped by a weak report on private sector
jobs.




Treasuries gained along with euro-zone sovereign debt as
Chinese stocks tumbled 6 percent after Beijing increased taxes
on stock trading in a move to cool surging domestic equity
prices. U.S. stock index futures also pointed to a lower open
for Wall Street.


Read more at Reuters.com Bonds News

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