Friday, April 27, 2007

U.S. Treasuries Advanced as Economic Growth Slowed in the First Quarter

(Bloomberg) -- Treasuries rose after a government report showed the world's largest economy expanded at the slowest pace in four years during the first quarter.

Gross domestic product grew at a 1.3 percent annual rate, the Commerce Department in Washington said. Gains were limited as an inflation measure watched by the Federal Reserve accelerated.


Read more at Bloomberg Bonds News

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