(Bloomberg) -- Treasuries fell as a Commerce
Department report showed orders placed with U.S. factories
dropped in May less than economists forecast.
``The manufacturing sector of the economy is providing a
counterweight to the weakness of housing,'' said Kevin Flanagan,
a Purchase, New York-based fixed-income strategist for Morgan
Stanley's individual-investor clients.
Read more at Bloomberg Stocks News
Department report showed orders placed with U.S. factories
dropped in May less than economists forecast.
``The manufacturing sector of the economy is providing a
counterweight to the weakness of housing,'' said Kevin Flanagan,
a Purchase, New York-based fixed-income strategist for Morgan
Stanley's individual-investor clients.
Read more at Bloomberg Stocks News
No comments:
Post a Comment