- Last Updated Tue, Jun 12, 2007 at 11:59 PM EST - by Rob Hain

There was no economic data released on Tuesday, but MBS and Treasury prices fell during the day, taking yields up. Foreign demand for US Treasury securites was the focus of much attention as investors showed continued concern about inflation both in the US and worldwide. By the end of trading, the 10-year Treasury yield was up past 5.25%.

The next data releases will be Retail Sales and Import Prices at 8:30 Eastern on Wednesday.

News:

Benchmark Treasury Yield Nears 5.25% - SmartMoney

- Last Updated Mon, Jun 11, 2007 at 11:59 PM EST - by Rob Hain

No economic data was released on Monday. MBS and Treasury prices were pushed back and forth in light, volatile trading. The range of yields remained higher, however, and many analysts do not expect yields to return to their previous levels. Many have also withdrawn expectations of a reduction in the Fed Funds Target Rate. By the end of Monday`s trading, the 10-year Treasury yield was up to 5.14%.

There is no economic data due out on Tuesday, so traders will be watching for external factors, such as world interest rate shifts and stock market moves. Stock market rallies tend to pull investment funds from bonds, pushing their prices down and yields up.

News:

Treasury Bulls Routed as Dealers See Rising Yields - Bloomberg

- Last Updated Fri, Jun 08, 2007 at 5:00 PM EST - by Rob Hain

Wednesday
The reports on Import Prices and Retail Sales release at 8:30 Eastern. The Fed`s Beige Book follows at 2:00.

Thursday
Weekly Jobless Claims are due out at their usual 8:30 Eastern time, along with Producer Prices.

Friday
Consumer Prices will report at 8:30 Eastern, along with the NY Empire State Index. The report on Industrial Production and Capacity Utilization follows at 9:15, with Consumer Sentiment closing the week`s news at 10:00.

- Last Updated Fri, Jun 08, 2007 at 4:55 PM EST - by Rob Hain

During the moderately busy economic news week of June 4, the 10-year Treasury yield moved up fifteen basis points, ending the week at 5.11%.

Monday
Factory Orders showed modest growth in April. 10TSY close: 4.93%

Tuesday
The services sector made a stronger showing in May. 10TSY close: 4.98%

Wednesday
Productivity growth slowed as unit labor costs grew. 10TSY close: 4.97%

Thursday
Jobless Claims moved down slightly, with the four-week moving average pushing up a bit. Fears of global interest rate increases send yields up. 10TSY close: 5.10%

Friday
The Trade Deficit shrank overall, even though the deficit with China grew. 10TSY close: 5.11%