Tuesday, July 17, 2007

TREASURIES-Bonds slip on PPI jump, stubborn Wall St

(Reuters) - NEW YORK, July 17 - U.S. Treasury debt prices
fell on Monday as producer prices rose more than forecast and
stronger earnings raised the possibility of a firmer open on
Wall Street .




Wholesale inflation outside food and energy, tracked by the
Federal Reserve, surged 0.3 percent in June. This brought
year-on-year price gains to 1.8 percent from 1.6 percent, and
should keep policy-makers on edge about lower interest rates.


Read more at Reuters.com Bonds News

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