Wednesday, July 18, 2007

U.S. Treasuries Are Little Changed as Stocks, Emerging-Market Bonds Gain

(Bloomberg) -- U.S. Treasuries were little changed
as gains in Asian stocks and emerging-market bonds fed
expectations investors are more willing to hold riskier assets.

Notes shed gains from yesterday as futures contracts
indicated a slowdown in the U.S. housing market isn't enough to
get the Federal Reserve to cut interest rates this year. There's
a 76 percent chance the Fed will hold rates through Dec. 31,
according to data compiled by Bloomberg based on the contracts.


Read more at Bloomberg Bonds News

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