Friday, May 4, 2007

U.S. Treasuries Increase as Job Creation Is Less Than Forecast in April

(Bloomberg) -- U.S. Treasuries rose after a government report showed the economy created fewer jobs in April than economists forecast.

The Labor Department data bolstered the view that U.S. economic growth is slowing, led by declines in housing. Unemployment increased last month to 4.5 percent from 4.4 percent in March.


Read more at Bloomberg Bonds News

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