Wednesday, April 25, 2007

Treasuries Little Changed After Sales of New Homes Increased During March

(Bloomberg) -- U.S. Treasuries pared losses and were little changed after a government report showed sales of new homes increased last month.

Sales rose 2.6 percent, after falling a revised 4.2 percent in February, according to data released by the Commerce Department in Washington. The median forecast of economists surveyed by Bloomberg News was for a 5 percent boost in sales.


Read more at Bloomberg Bonds News

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