Monday, July 2, 2007

Treasuries Steady Before Report Forecast to Show U.S. Manufacturing Growth

(Bloomberg) -- Treasuries were little changed before
a private report that's forecast to show growth in U.S.
manufacturing held near the highest in 13 months in June.

Businesses are expanding to rebuild inventories as the U.S.
recovers from a housing-led slowdown, economists said before
today's report by the Institute for Supply Management. Ten-year
yields, which move inversely to prices, rebounded from the
biggest drop in more than two weeks on June 29, when London
police found two cars packed with explosive materials.


Read more at Bloomberg Bonds News

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