Monday, June 18, 2007

TREASURIES-Bonds dip on profit-taking, mortgage hedging

(Reuters) - Also, dealers were said to be selling Treasuries to lock in
the yields on an expected flood of corporate bonds for sale
this week, according to traders.




Earlier, Treasury bond prices rose on follow-through buying
in the wake of Friday's tame core inflation data. They also
enjoyed safe-haven bids on renewed worries about problems in
subprime mortgages amid reports of heavy selling by a mortgage
hedge fund, analysts said.


Read more at Reuters.com Bonds News

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