Wednesday, May 30, 2007

TREASURIES-Prices hold gains after release of Fed minutes

(Reuters) - NEW YORK, May 30 - U.S. government bond prices
remained higher on Wednesday, little affected by the Federal
Reserve's release of minutes from its May 9 policy meeting.




The view expressed at the Fed meeting was that the risk of
economic slowdown has diminished and inflation is still
"uncomfortably high," matching previous Fed pronouncements.
Because there were no surprises, the minutes had scant impact on
prices.


Read more at Reuters.com Bonds News

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