Wednesday, June 6, 2007

Treasuries Little Changed Before First-Quarter Worker Productivity Report

(Bloomberg) -- Treasuries were little changed before
a report that is forecast to show U.S. worker productivity last
quarter increased less than previously estimated.

The yield on the benchmark 10-year note was little changed
at 4.99 percent as of 8:07 a.m. in New York, according to bond
broker Cantor Fitzgerald LP. The price of the 4 1/2 percent
security due in May 2017 was unchanged at 96 6/32. Bond yields
move inversely to prices.


Read more at Bloomberg Bonds News

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