Thursday, July 26, 2007

TREASURIES-Bonds rally on weak data, dour stocks, credit woes

(Reuters) - An unexpected fall in business investment data spurred an
already strong Treasury market and overshadowed figures that
showed overall durable goods orders rose in June. For details,
see [ID:nN24217294].




The Treasury market that was already gaining on fears of a
sharp selloff on Wall Street and deepening concerns that a
global credit crunch was developing as firms encountered
difficulty in financing buyout activity.


Read more at Reuters.com Bonds News

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