Thursday, April 5, 2007

TREASURIES-Bonds slip on fears over upward US job surprise

(Reuters) - NEW YORK, April 5 - U.S. Treasury debt prices fell on Thursday, as benchmark yields rose to fresh six-week highs on concerns over an upward surprise in job figures for March due on Friday.

Stronger-than-expected non-farm payroll growth could pare chances for a Federal Reserve interest rate cut soon to counter the fallout from the subprime mortgage crisis, analysts said.


Read more at Reuters.com Bonds News

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