Hedge funds have small June gains - tracking firms

(Reuters) - The Standard & Poor's 500 index slipped 1.8 percent last
month while the Dow Jones Industrial Average slipped 1.6
percent.




Hedge funds gained 2.45 percent in May, 1.78 percent in
April and 1.09 percent in March, the Hennessee Group said.


Read more at Reuters.com Bonds News

U.S. Treasury Notes Decline as Gains in Stocks Reduce Demand for Safety

(Bloomberg) -- U.S. 10-year Treasury notes fell as
the Dow Jones Industrial Average's biggest gain in almost three
weeks reduced demand for the relative safety of government debt.

Bonds snapped a two-day rally after the Nasdaq Composite
Index of shares closed at the highest in six years, overcoming
concern spurred by terrorist plots in the U.K. last weekend. Ten-
year yields climbed above 5 percent as shares also gained in
China, Hong Kong and South Korea.


Read more at Bloomberg Bonds News

U.S. Treasury Notes Decline; Gains in U.S. Stocks Ease Demand for Safety

(Bloomberg) -- U.S. 10-year Treasury notes fell as
the Dow Jones Industrial Average's biggest gain in almost three
weeks reduced demand for the relative safety of government debt.

Bonds snapped a two-day rally after the Nasdaq Composite
Index of shares closed at the highest in six years, overcoming
concern spurred by terrorist plots in the U.K. last weekend. The
yield spread on U.S. corporate bonds yesterday widened to 1.01
percentage points more than Treasury securities, the most in two
years, Merrill Lynch & Co. data show, as bond investors shunned
riskier corporate debt.


Read more at Bloomberg Stocks News

U.S. Stocks Rally, S&P 500 Rises Most in Eight Weeks; GM, Alcoa Pace Gains

(Bloomberg) -- U.S. stocks rallied and the
Standard and Poor's 500 Index posted its best weekly gain
since April after bond yields fell from a five-year high
and the Federal Reserve said the economy is growing without
fueling inflation.

General Motors Corp., Alcoa Inc. and Intel Corp.
helped push the S&P 500 and Dow Jones Industrial Average to
within 0.5 percent of records. Exxon Mobil Corp., the
world's largest oil company, led energy shares to the best
gain among 10 industry groups in the S&P 500 as crude
prices climbed to the highest since September.


Read more at Bloomberg Stocks News