Monday, July 9, 2007

TREASURIES-Bonds edge up, awaiting week's data, Bernanke

(Reuters) - Benchmark 10-year yields had climbed to 2-week highs around
5.20 percent on Friday, after U.S. June nonfarm payrolls were
stronger than expected and the government sharply revised
higher the numbers for April and May, causing a bond market
selloff.




The 5.20 percent area remained a key level on Monday, with
5.25 percent and 5 percent still still seen as the top and
bottom of the 10-year note's near term yield range,
respectively, analysts said.


Read more at Reuters.com Bonds News

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