Wednesday, June 6, 2007

Treasuries May Rise on Speculation Asian Stock Losses to Spur Debt Demand

(Bloomberg) -- U.S. Treasuries may advance on
speculation a decline in Asian stock markets will increase demand
for the relative safety of government securities.

Yields near the highest in more than nine months may attract
investors for a second day after equity benchmarks from Tokyo to
Sydney tracked a slide in U.S. stocks. Shares in the U.S.
yesterday completed their biggest two-day decline since March
after first-quarter labor costs rose more than forecast.


Read more at Bloomberg Bonds News

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