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Friday, July 28, 2006

Signs Of An Economic Slowdown Send Bonds Higher:

Signs of an economic slowdown send Bonds higher: Treasury Bond futures ended the week on a high note, as a weaker than expected 2nd quarter GDP figure gave traders further validation that the Federal Reserve will "pause" at its August 8th meeting. The Commerce Department announced this morning that the U.S. economy expanded at a 2.5% annualized rate. Read More....