Thursday, July 26, 2007

UPDATE 1-U.S. June durable goods orders rose 1.4 pct

(Reuters) - Economists in a Reuters poll taken ahead of the report
were expecting durable goods orders to increase by a somewhat
bigger 1.8 percent. June's increase came after a 2.3 percent
decrease the prior month, a decline that had been driven by a
drop in aircraft orders.




U.S. Treasury debt prices rose on Thursday, stretching to
new session highs, after the weaker-than-expected data on
durable goods suggested flagging business growth in the latter
part of the second quarter.


Read more at Reuters.com Economic News

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