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Prices rebound on shortcovering after data

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13 June 2007 @ 10:08 am ET
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At 2 p.m. (1800 GMT), the Fed will publish its Beige Book, which will offer a snapshot of the Fed's latest assessment of the regional economic conditions.

In other cash trading, two-year notes, which are most sensitive to traders' view on Fed policy, were unchanged in price to yield 5.11 percent.

Five-year Treasuries were up 6/32 in price for a 5.16 percent yield, while the long bond was up 1-3/32 in price to yield 5.32 percent.

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