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http://www.businessweek.com/stories/2007-12-14/treasury-prices-higher-ahead-of-databusinessweek-business-news-stock-market-and-financial-advice

Markets & Finance

Treasury Prices Higher Ahead of Data


From Standard & Poor's Equity ResearchS&P MARKETSCOPE: The 2-year Treasury notes up 02/32 to 99-27/32 for yield of 3.225%, 10-year notes up 06/32 to 100-17/32 for yield of 4.187% and the 30-year bond up 05/32 to 105-28/32 for yield of 4.637%. Awaiting reports on headline Nov. CPI, which see up 0.6%, core rate, which see up 0.2%; Nov. Industrial Production, which see up 0.1%, Capacity utilization, which see down 0.1% to 81.6%. Yesterday's PPI and Retail Sales were higher than expected. Added to confusion in the world. Dealers say skepticism growing about Fed's plan to provide banks up to $40 billion in the next eight days as part of a coordinated effort with four other central banks aimed at reviving lending.


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