Wednesday, 11 July 2007

Treasuries Are Little Changed Before Yellen Speech on U.S. Economic Growth

(Bloomberg) -- U.S. Treasuries were little changed
before a speech from Federal Reserve Bank of San Francisco
President Janet Yellen that may highlight strength in the economy.

Notes may extend a decline from yesterday after Philadelphia
Fed President Charles Plosser said growth will accelerate. Fed
Governor Kevin Warsh said investor losses from subprime-mortgage
delinquencies don't appear to pose a risk to the financial system.


Read more at Bloomberg Bonds News

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