Monday, April 2, 2007

TREASURIES-Prices rise as manufacturing report seen weak

(Reuters) - "We are starting a busy, busy week, with a lot of fresh data, including the today's ISM. We are at the lower end of the range and the market is short. I don't think that today's number is going to prove that threatening," said David Ader, head of government bond strategy at RBS Greenwich Capital, in Greenwich, Connecticut.

Benchmark 10-year Treasury notes traded up 3/32 in price for a yield of 4.64 percent, compared with 4.65 percent late on Friday.


Read more at Reuters.com Bonds News

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