Bonds surge, then dive
17th Nov 2006, 00:23 GMT
Treasury prices turned lower Thursday afternoon on concerns that inflation is still above the Federal Reserve's comfort zone, lessening the possibility of more rate cuts.
Latest news from Latest stock market news from Wall Street - CNNMoney.com:
- Stocks surge, led by tech
- Bonds down slightly as investors await data
- Oil rally loses gas
- Nasdaq ends at near 6-year high
- Get ready for gridlock
- Oil holds near $59
- Wall Street in retreat
- Treasurys jump on soft inflation read
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- Bonds jump on soft inflation read