(Reuters) - NEW YORK, June 29 - U.S. government bond prices
rose on Friday as U.S. data showed benign inflation and
security concerns in Britain drove some investors into the
relative safe-haven of Treasuries.
But a slightly-stronger-than-anticipated report on business
activity in the U.S. Midwest region and firmer equities eroded
some of the gains. Month-end and quarter-end buying kept bond
prices, which move inversely to yields, at higher levels.
Read more at Reuters.com Bonds News
rose on Friday as U.S. data showed benign inflation and
security concerns in Britain drove some investors into the
relative safe-haven of Treasuries.
But a slightly-stronger-than-anticipated report on business
activity in the U.S. Midwest region and firmer equities eroded
some of the gains. Month-end and quarter-end buying kept bond
prices, which move inversely to yields, at higher levels.
Read more at Reuters.com Bonds News
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