Tuesday, May 22, 2007

TREASURIES-Prices fall on hedging, weaker Bunds

(Reuters) - NEW YORK, May 22 - U.S. Treasury debt prices
slipped on Tuesday, with benchmark yields posting 3-1/2 month
highs on pressure from weaker euro zone debt and rate and
supply-related hedging.




Bund yields climbed to multi-year highs after data
reinforced the outlook for strength in the euro zone economy,
which could lead to more interest rate hikes by the European
Central Bank, analysts said.


Read more at Reuters.com Bonds News

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