Wednesday, June 13, 2007

U.S. Treasuries Fall as Government Report May Show Gain in Producer Prices

(Bloomberg) -- Treasuries resumed a month-long
slump on speculation a government report will show that producer
prices rose last month.

The yield on the benchmark 10-year note rose 2 basis points,
or 0.02 percentage point, to 5.22 percent as at 9:00 a.m. in
Singapore, according to bond broker Cantor Fitzgerald LP. The
price of the 4 1/2 percent note due May 2017 fell 5/32, or $1.56
per $1,000 face amount, to 94 14/32.


Read more at Bloomberg Bonds News

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