Tuesday, July 24, 2007

TREASURIES-Benchmark yields hit 7-week lows on stocks

(Reuters) - However, a lack of liquidity and perceptions that
Treasuries were at expensive levels limited safe-haven flows
from the equity market, analysts said. Shares on Wall Street
tumbled after poor profits from companies related to the
housing market spooked investors. For details, see [.N].




"We are getting a little bit of it, but not much. The
liquidity in both bonds and stock markets is less than
desirable," said Carley Garner, an analyst at Alaron Trading
in Chicago.


Read more at Reuters.com Bonds News

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