Tuesday, June 19, 2007

TREASURIES-Bonds rise on sluggish housing starts data

(Reuters) - NEW YORK, June 19 - U.S. Treasury debt prices
rose on Tuesday after data on housing starts that was roughly
in line with forecasts reinforced the view that the housing
sector would remain a drag on the economy.




Benchmark bond yields, which move inversely to prices,
slipped to their lowest levels in a week, as weaker stocks and
gains in Bunds also enticed Treasury investors, analysts said.


Read more at Reuters.com Bonds News

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