Wednesday, June 20, 2007

TREASURIES-Languish in Asia after taking hit from Bunds

(Reuters) - Given renewed concerns in the market about the housing
sector's weakness, yields may have room to fall in the near-term,
despite the concerns about rising global bond yields, said
Yasutoshi Nagai, chief economist for Daiwa Securities SMBC.




"Readings on the housing sector have been weak and that could
increase the persuasiveness of the argument that the economy may
suffer due to conditions in the housing market," Nagai said.


Read more at Reuters.com Bonds News

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