Sun, May 06, 2007 - Page 10 News List

Wall Street surges higher despite bleak indicators

MOMENTUM US retail sales for last month are expected to moderate to a gain of 0.4 percent, while the March trade deficit is expected to widen to about US$60 billion

AFP , NEW YORK

Bond prices firmed amid the soft economic data.

The yield on the 10-year Treasury bond declined to 4.640 percent from 4.698 percent a week earlier while the 30-year bond yield dropped to 4.804 percent from 4.885 percent.

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