Monday, July 2, 2007

TREASURIES-After dip on ISM, safety bid lifts bonds

(Reuters) - NEW YORK, July 2 - U.S. Treasury debt prices
briefly slipped on Monday, reacting to a somewhat stronger than
expected reading on the U.S. manufacturing sector, then quickly
erased those minor losses as a safety bid provided support.




The Institute for Supply Management said its manufacturing
index rose to 56.0 in June from 55.0 in May, slightly firmer
than Wall Street had forecast.


Read more at Reuters.com Bonds News

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