Friday, May 11, 2007

TREASURIES-Bonds rise on weak retail sales, core PPI

(Reuters) - However, the gains were tempered by a recovery in stock futures. The signs of moderating inflation boosted sentiment on Wall Street, which saw its sharpest one-session fall in two months on Thursday.

Also damping bond market gains, investors were reluctant to bet on near-term interest rate cuts and instead were positioning for slightly greater chances of easing later in the year.


Read more at Reuters.com Bonds News

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