(Bloomberg) -- U.S. Treasuries rose a second day, pushing yields on benchmark 10-year securities to the lowest in more than a week, after a government report showed the pace of core inflation, which excludes food and energy, slowed in March.
The data may add to speculation the Federal Reserve will cut interest rates later this year. Yields on 10-year Treasury notes last week rose to the highest in two months after minutes from the most recent central bank meeting showed policy makers are more concerned about inflation than slowing economic growth.
Read more at Bloomberg Bonds News
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