Thursday, July 19, 2007

Treasuries Drop on Boost in European, Asian Stocks, Emerging-Market Bonds

(Bloomberg) -- Treasuries fell as a rebound in
European and Asian stocks and emerging-market bonds suggested
reduced demand for the safety of government debt.

The 10-year note's yield rose 3 basis points, or 0.03
percentage point, to 5.05 percent at 8:35 a.m. in New York.
The price of the 4 1/2 note maturing in May 2017 decreased to 95
23/32.


Read more at Bloomberg Bonds News

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