Friday, May 11, 2007

TREASURIES-Bonds fall as stocks jump extinguishes rally

(Reuters) - NEW YORK, May 11 - U.S. government bond prices slid on Friday, reversing early gains as stocks climbed on easing inflation concerns, which sparked investor hopes of earlier rate cuts by the Federal Reserve than had been expected.

Investors' demand for stocks and other riskier assets undermined appetite for safe-haven Treasuries, analysts said.


Read more at Reuters.com Bonds News

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