Monday, June 18, 2007

Treasury 10-Year Yield Trades Near Five-Year High Before Housing Reports

(Bloomberg) -- Treasuries were little changed, with
yields near the highest in five years, before U.S. reports
forecast to show the housing market is slowing down.

An industry report today will show sentiment among home
builders matched the lowest since 1991, and a separate report
tomorrow will signal housing construction fell to a four-month
low, according to Bloomberg surveys of economists.


Read more at Bloomberg Bonds News

No comments: