Monday, July 16, 2007

TREASURIES-Bonds hover near flat ahead of NY Fed data

(Reuters) - Data aside, dealers would be on the lookout for any further
sign of mortgage-related trades gone awry. Bond yields have
been edging lower since early last month in part because of
concerns surrounding the financial ripples of bad home loans.




"There will be a steady drumbeat of this stuff and the
market will be a little skittish," said Carl Lantz, U.S.
interest rate strategist at Credit Suisse.


Read more at Reuters.com Bonds News

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