Friday, June 15, 2007

TREASURIES-Bonds rise as underlying inflation eases

(Reuters) - Softer-than-expected figures on U.S. industrial output,
capacity utilization and consumer sentiment also contributed to
the firmer tone in bond prices, which pulled benchmark yields
further back from five-year peaks hit on Wednesday.




After a topsy-turvy ride in recent days, 10-year yields
were still on track to end the week higher, though bond
sentiment was bolstered by the data showing annual underlying,
or core, inflation fell to its lowest in more than a year.


Read more at Reuters.com Bonds News

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