Treasurys Slightly Higher

Treasurys Slightly Higher

S&P MARKETSCOPE (06/25/2007 8:15am ): Treasurys, which rose Friday on safe haven buying, slightly higher in early going as traders await today's Existing Home Sales report, which seen on the soft side... Bear Stearns problems with subprime funds still weighing heavily on markets... wondering if Fed will say anything about the issue in Thursday's policy statement... FOMC not expected to change rates at the 2-day meeting... the 10-year Treasury notes are up 02/32 to 95-07/32 for yield of 5.128%, 2-year note flat at 99-30/32 for yield of 4.917%, 30 year bonds up 02/32 at 92-19/32 for yield of 5.248%.

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