Tuesday, July 17, 2007

TREASURIES-Bonds slip on stock gains, inflation worries

(Reuters) - NEW YORK, July 17 - U.S. government debt prices
fell on Tuesday as investors favored stocks over bonds on
strong company earnings and after data showing strength in
manufacturing and higher-than-expected core producer prices.




The decline in Treasury prices was mitigated by ongoing
worries about subprime mortgages and an industry report showing
the housing market is still stuck in a slump.


Read more at Reuters.com Bonds News

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