Monday, May 21, 2007

TREASURIES-Bonds ease as stocks poised to open higher

(Reuters) - U.S. stock indices were poised to open higher, bolstered by
continuing news of mergers and acquisitions activity.




"With bearishness back in vogue in the fixed income markets
and a wholesale asset allocation in favor of equities and
emerging markets, markets will be hard-pressed to turn that
ship around," said Kim Rupert, head of global fixed income
analysis at Action Economics in San Francisco.


Read more at Reuters.com Bonds News

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