Thursday, 21 June 2007

TREASURIES-Prices mixed after jobless claims data

(Reuters) - NEW YORK, June 21 - U.S. government debt prices
were mixed on Thursday after data suggesting less tightness in
the labor market offset downward pressure from worries over
rising global interest rates.




A larger-than-expected 10,000 rise in weekly data for
jobless claims benefits fueled hopes that the Federal Reserve
would trim interest rates later this year, lifting
shorter-dated Treasuries which are more sensitive to the
market's outlook on Fed policy.


Read more at Reuters.com Bonds News

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