Tuesday, June 19, 2007

TREASURIES-Bonds gain as data cement weak housing view

(Reuters) - NEW YORK, June 19 - U.S. Treasury debt prices
rose for a third straight day on Tuesday after data showing
the first drop in housing starts since January cemented the
view that the housing sector would remain a drag on the
economy.




Benchmark bond yields, which move inversely to prices,
slipped to their lowest levels in more than a week as gains in
euro zone government bonds also attracted investors to
Treasuries, analysts said.


Read more at Reuters.com Bonds News

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