Sunday, August 5, 2007

TREASURIES-Extend gains in Asia, market eyes Fed

(Reuters) - "Yields of Treasuries have fallen sharply, but investors
don't seem to be cautious about prices going too high amid
safe-haven rallies," said Ryuji Shimazu, a market analyst at
Shinko Securities.




"Market players seem to be building positions for possible
Fed rate cuts in the future."


Read more at Reuters.com Bonds News

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