Thursday, June 7, 2007

US STOCKS-Futures fall as rate worries gather steam

(Reuters) - NEW YORK, June 7 - U.S. stock index futures
indicated a lower start for Wall Street on Thursday after
yields on Treasuries debt securities rose above 5 percent,
stirring worry about interest rates.




The spring rally in stocks has sputtered in the past two
days as worries about inflation and higher interest rates crept
back to the forefront of investors' concerns. Higher rates
discourage consumer spending and crimp profit margins.


Read more at Reuters.com Bonds News

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