Tuesday, July 24, 2007

TREASURIES-Pricey bonds eke out gains as housing hits stocks

(Reuters) - NEW YORK, July 24 - U.S. Treasury debt prices
struggled for gains on Tuesday and benchmark yields flirted
with their lowest levels in seven weeks as fresh housing woes
weighed on U.S and European equities.




Treasuries gained as U.S. stock indexes slid on
disappointing profits, with Countrywide Financial Corp ,
the largest U.S. mortgage lender, and building materials maker
USG Corp. giving Wall Street's losses a fresh housing
angle. See [.N] for the latest on stocks.


Read more at Reuters.com Bonds News

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