Friday, June 8, 2007

TREASURIES-Cautious rebound underway as selloff lures buyers

(Reuters) - Benchmark yields jumped nearly a quarter percentage point
this week as global investors shifted their focus away from the
risk of a slower economy toward that of a possible run-up in
inflation.




The sheer magnitude of the market's slide, which
momentarily allowed benchmark yields to catch up to the Federal
Reserve's 5.25 percent overnight lending target, seemed to be
luring a bid.


Read more at Reuters.com Bonds News

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