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Sat, 7 Jun 1997, 2:53am EDT
Time Value Change DOW JONES INDUS. AVG 6/6 7435.78 +130.49 FT-SE 100 Index 6/6 4645.00 +68.80 DAX INDEX 6/6 3695.29 +22.26 NIKKEI 225 INDEX 6/6 20488.15 HANG SENG STOCK INDEX 6/6 14655.13 -140.39
"About the time we can make the ends meet, somebody moves the ends." --Herbert Hoover
U.S. Bonds Rally; Jobs Report Eases Fed Rate ConcernU.S. bonds staged the biggest rally in five weeks as a government jobs report gave the Federal Reserve scant reason to raise interest rates next month, traders said. The benchmark 30- year Treasury bond rose 1 1/4 point, or $12.50 per $1,000 bond, pushing its yield down about 10 basis points to 6.77 percent, the lowest since Feb. 25. The two-year note's yield fell about 9 basis points to 6.08 percent.
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