(Bloomberg) -- U.S. 10-year notes were little
changed before a private report that economists say will show
home sales fell to a four-year low last month.
Benchmark Treasuries may extend gains, after their first
weekly advance since early May, as a U.S. housing slump would
support the case for a Federal Reserve interest-rate cut. Notes
may gain by the end of the year, according to a survey of
investors published today by Ried, Thunberg & Co., a research
unit of ICAP Plc, the world's largest inter-bank broker.
Read more at Bloomberg Bonds News
changed before a private report that economists say will show
home sales fell to a four-year low last month.
Benchmark Treasuries may extend gains, after their first
weekly advance since early May, as a U.S. housing slump would
support the case for a Federal Reserve interest-rate cut. Notes
may gain by the end of the year, according to a survey of
investors published today by Ried, Thunberg & Co., a research
unit of ICAP Plc, the world's largest inter-bank broker.
Read more at Bloomberg Bonds News
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