Friday, June 29, 2007

GLOBAL MARKETS-Stocks, bonds turn higher after U.S. data

(Reuters) - "It's good news for the bond market, and so that means bond
yields will come down, and lead to a firmer tone in stock
data... This suggests that core inflation is moderating, but as
the Fed said, it isn't conclusive yet," said Scott Brown, chief
economist at Raymond James & Associates in Florida.




The FTSEurofirst 300 index of top European companies
pared losses, down 0.2 percent at 1,592.28.


Read more at Reuters.com Bonds News

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