Thursday, 26 July 2007

TREASURIES-Bonds rally on stock slide, credit woes

(Reuters) - Bonds could get an additional lift if the durable goods
data at 8:30 a.m. shows signs of weakness in
business investment. Investors were also awaiting new home
sales data at 10 a.m. amid concerns that the housing
market is a drag on the U.S. economy.




But for now, with weak stocks and news of firms having
difficulty obtaining financing for buyout activity, Treasuries
were seeing a strong bid.


Read more at Reuters.com Bonds News

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