Monday, June 11, 2007

Treasuries Little Changed Before 10-Year Government Sale, Economic Reports

(Bloomberg) -- Treasuries were little changed
before an auction of 10-year notes today that will help gauge
demand for U.S. debt.

The government will sell $8 billion in a re-offering of 10-
year notes today. Investors will also look to producer and
consumer price data later this week for cues on inflation in the
world's biggest economy. U.S. 10-year bonds last week had their
biggest weekly decline in a year on speculation global growth
will spur central banks to raise interest rates.


Read more at Bloomberg Bonds News

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