Wednesday, May 16, 2007

TREASURIES-Bonds little changed after mixed housing data

(Reuters) - NEW YORK, May 16 - U.S. Treasury debt prices were little changed on Wednesday after data offered a mixed picture on whether the U.S. housing market was beginning to stabilize from a recent slowdown.

U.S. home construction advanced by 2.5 percent in April at a rate above analysts' expectations, but building permits, which signal future construction plans, fell to their lowest pace in nearly a decade. For details see [ID:nN14310138].


Read more at Reuters.com Bonds News

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