Friday, June 15, 2007

TREASURIES-Bonds gain after tame inflation

(Reuters) - Coming at the end of a topsy-turvy week, the report on May
U.S. consumer prices pulled benchmark yields further back from
five-year highs hit on Wednesday.




The report showed annual underlying, or core, inflation at
2.2 percent, retreating toward the the Fed's comfort zone of 1
to 2 percent, which boosted bond market sentiment.


Read more at Reuters.com Bonds News

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