Monday, June 4, 2007

Treasuries Rise Most in More Than Three Weeks After Global Stocks Decline

(Bloomberg) -- Treasuries gained the most in more
than three weeks as interest rates near their high for the year
and the safety of government debt attracted traders after China's
benchmark stock index fell 7.7 percent.

The 10-year note's yield, which moves inversely to its
price, reached a nine-month high June 1 of 4.96 percent. Equity
indexes in Europe also weakened while the Dow Jones Industrial
Average fell.


Read more at Bloomberg Bonds News

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