Tuesday, July 3, 2007

TREASURIES-Bonds fall in holiday-thinned trade

(Reuters) - NEW YORK, July 3 - U.S. Treasuries fell in
holiday-thinned trade on Tuesday as firm equities and
surprisingly strong factory orders offset weak data on housing
and any lingering safe-haven bid on global security concerns.




Bonds briefly trimmed their losses after a report showed
pending sales of existing U.S. homes in May unexpectedly fell
to their lowest level in more than 5-1/2 years. For details,
see [ID:nN0385388].


Read more at Reuters.com Bonds News

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