Wednesday, April 4, 2007

TREASURIES-Bonds extend gains after weaker services growth

(Reuters) - The Institute for Supply Management's services index eased to 52.4, below analysts' expectations for a reading of 55.0 and below the February reading of 54.3. A number above 50 indicates growth in the sector.

The benchmark 10-year note was 5/32 higher in price for a yield of 4.65 percent from 4.67 late on Tuesday, while the two-year note _was 1/32 higher in price for a yield of 4.60 percent from 4.63 percent.


Read more at Reuters.com Bonds News

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