Thursday, July 12, 2007

TREASURIES-Bonds slip as surging stocks draw investors

(Reuters) - NEW YORK, July 12 - U.S. government bond prices
slipped on Thursday as investors returned to stocks and riskier
fixed-income assets, curbing the safe-haven bid that lifted
Treasuries this week.




Treasuries had gained earlier in the session as renewed
concerns about the U.S. subprime mortgage market pressured
non-government bonds and sparked demand for the relative safety
of U.S. Treasury debt.


Read more at Reuters.com Bonds News

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