Thursday, May 10, 2007

U.S. Treasuries Are Little Changed After Import Price, Jobless Claims Data

(Bloomberg) -- Treasuries were little changed after a government report showed price increases of goods imported into the U.S. exceeded economists' forecasts while separate data indicated initial jobless claims declined.

Two-year notes fell the most in more than a month yesterday after the Federal Reserve said inflation is its primary concern and kept the U.S. benchmark interest rate at 5.25 percent for a seventh meeting. A government report on April retail sales will be released tomorrow.


Read more at Bloomberg Bonds News

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