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Politics : Idea Of The Day

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To: Soumen Barua who wrote (50092)	7/6/2007 3:19:34 AM
From: Soumen Barua	of 50167

Oil Prices Climb in Asian Trading on Renewed Violence and Kidnappings in Nigeria biz.yahoo.com "Oil prices inched higher Friday in Asia, approaching US$72 a barrel, after renewed violence and kidnappings in Nigeria, Africa's biggest oil producer. Light, sweet crude for August delivery gained 4 cents to $71.85 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore." Stocks End Mixed As Bond Yields Rise biz.yahoo.com "As bond prices fell, the 10-year Treasury note's yield shot up to 5.14 percent Thursday from 5.04 percent Tuesday, ahead of the July 4th holiday. On Monday, the 10-year yield had slipped below the 5 percent level for the first time since early June."

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