Wednesday, June 27, 2007

TREASURIES-Bond prices rise, stocks recovery limit gains

(Reuters) - NEW YORK, June 27 - U.S. Treasury debt prices
rose on Wednesday as a steep fall in durable goods orders and
persistent problems in the subprime mortgage sector fanned
fears about the health of the economy.




However, a recovery in stocks from early losses reduced
some of the safe-haven appeal of government bonds that has been
enhanced by the turmoil in the housing market.


Read more at Reuters.com Bonds News

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