(Bloomberg) -- U.S. 10-year Treasuries may fall for a third day on speculation government reports this week will show factory production and new home sales gained in March, feeding growth as the first quarter ended.
Traders trimmed bets the Federal Reserve will cut interest rates by its Aug. 7 meeting. Futures contracts show a 25 percent chance of a quarter-percentage point reduction in August, less than 62 percent at the end of March.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment