Tuesday, April 3, 2007

TREASURIES-Prices fall on easing geopolitical tensions

(Reuters) - NEW YORK, April 3 - U.S. Treasury debt prices fell in thin trade on Tuesday as a rebound in stocks and signs of an easing in tensions between Britain and Iran caused investors to unwind flight-to-quality trades.

Analysts said government bonds were also being hurt by the perception that persistent inflation pressures would keep the Federal Reserve from cutting benchmark interest rates, even though U.S. economic growth is slowing.


Read more at Reuters.com Bonds News

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