Monday, April 30, 2007

TREASURIES-Bonds climb on sign of slowing inflation

(Reuters) - NEW YORK, April 30 - U.S. Treasury debt prices climbed on Monday after data showed inflation may be slowing to near the Federal Reserve's presumed target range, while month-end positioning added some support.

The inflation reading boosted investor expectations the Federal Reserve could shift later this year to lowering interest rates from fighting price pressures, which pushed up bond prices.


Read more at Reuters.com Bonds News

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