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Trend Needle Points North

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Bonds Near Highs, Yield Curves Flatter

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MNI (London)
                  CFLP Mfg PMI
------------------------------
Median Forecast           51.6
High Forecast             52.3
Low Forecast                51
Mean                      51.6
No. of Responses            10
Previous Report           51.9
ANZ                         52
Capital Sec               51.3
Bank of China             51.9
Shenwan Hongyuan          51.5
Moody's                   51.5
Mizuho                    51.0
Nomura                    51.6
Industrial Sec            51.6
ING                       52.3
Morgan Stanley            51.3
     * Note: The survey median is compiled solely from the forecasts listed
above and is not intended to represent a market consensus.
     The CFLP Manufacturing PMI is scheduled for release at 0900 CST (0100 GMT)
on Saturday, June 30.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: iris.ouyang@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MTABLE,MAQDA$,M$A$$$,M$Q$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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