Friday, June 15, 2007

GLOBAL MARKETS-US bonds, stocks rally on inflation data

(Reuters) - NEW YORK, June 15 - U.S. Treasury prices rose on
Friday, erasing some of the week's losses, and stocks gained
as tame inflation data eased jitters over potential interest-
rate increases from the Federal Reserve.




The dollar fell against the euro on Friday on tame
inflation data, but reached a 4-1/2-year high against the yen
after the Bank of Japan indicated it was in no hurry to raise
interest rates.


Read more at Reuters.com Bonds News

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