Monday, July 30, 2007

TREASURIES-Gains erased as stock futures turn positive

(Reuters) - NEW YORK, July 30 - U.S. Treasury debt prices
erased their early gains when stock index futures shifted gears
and began pointing to a higher open on Wall Street on Monday.




Bond prices have been moving in the opposite direction to
stocks on almost a minute-by-minute basis -- when stocks
weaken, fearful investors turn to the relative safety of bonds
and when stocks show signs of life, bonds retreat.


Read more at Reuters.com Bonds News

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