Friday, 03 August 2007

TREASURIES-Bond rally picks up steam on Bear Stearns call

(Reuters) - As investors bet the Federal Reserve would have to
intervene by cutting interest rates, two-year notes
surged 6/32 and were offering a yield of 4.49 percent, down a
full 10 basis points in just one session.




Read more at Reuters.com Bonds News

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