Monday, May 21, 2007

TREASURIES-Prices dip as China perceived buying less bonds

(Reuters) - NEW YORK, May 21 - U.S. government bond prices
dipped on Monday on worries that China's hunt for better
returns in equities could mean it could purchase fewer U.S.
Treasuries.




China's investment agency has announced plans to take a $3
billion or 10 percent stake in the United States' Blackstone
Group, making forays into the private equity boom. China is the
second largest holder of U.S. government bonds after Japan.


Read more at Reuters.com Bonds News

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