(Bloomberg) -- Treasuries fell, snapping a seven-
day run of gains, as European shares and U.S. stock-index
futures rebounded before second quarter economic growth figures.
Bonds pared a third weekly advance as technical charts
suggested the rally has been too rapid and some investors said a
U.S. housing slump won't prompt the Federal Reserve to cut
interest rates. The Commerce Department will probably say the
economy expanded at an annualized 3.2 percent rate, the fastest
in more than a year, according to a Bloomberg survey.
Read more at Bloomberg Bonds News
day run of gains, as European shares and U.S. stock-index
futures rebounded before second quarter economic growth figures.
Bonds pared a third weekly advance as technical charts
suggested the rally has been too rapid and some investors said a
U.S. housing slump won't prompt the Federal Reserve to cut
interest rates. The Commerce Department will probably say the
economy expanded at an annualized 3.2 percent rate, the fastest
in more than a year, according to a Bloomberg survey.
Read more at Bloomberg Bonds News
No comments:
Post a Comment