Friday, April 6, 2007

TREASURIES-Bonds fall on stronger March non-farm payrolls

(Reuters) - The benchmark 10-year note was 14/32 lower in price for a yield of 4.74 percent from 4.68 late on Thursday, while the two-year note _was 5/32 lower in price for a yield of 4.72 percent from 4.63 percent.

Fed fund futures also fell after the payrolls number, with the implied chances of a June rate cut from the Federal Reserve easing to 12 percent from 20 percent before the release of the data.


Read more at Reuters.com Bonds News

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