Tuesday, July 31, 2007

TREASURIES-Bonds jump higher as stock market tumbles

(Reuters) - NEW YORK, July 31 - U.S. government bond prices
climbed on Tuesday, taking direction from weaker stocks on
continued concerns that a housing market slump and
deteriorating credit conditions could crimp economic growth.




Bonds have been closely mirroring stocks recently, gaining
when stocks fall as investors turn to the relative safety of
bonds.


Read more at Reuters.com Bonds News

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