Wednesday, 27 June 2007

TREASURIES-Bond bulls muster fresh gains as subprime lurks

(Reuters) - NEW YORK, June 27 - U.S. government bonds climbed
on Wednesday as worries over failed bets in high-risk mortgages
supported demand for safer assets, although rising stocks
appeared to be threatening the rally.




A steep decline in durable goods orders bolstered
Treasuries, whose movements were tempered in part by a looming
interest rate decision from the Federal Reserve.


Read more at Reuters.com Bonds News

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