Treasuries rose ahead of a barrage of US data that may support bets the Federal Reserve will still cut interest rates this year, despite signs the downtrend in inflation has stalled.
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Treasuries Extend Gains After Fed Is Less Hawkish Than Feared(Bloomberg) -- Treasury yields fell, with the US two-year benchmark tumbling sharply below 5%, after Federal Reserve Chair Jerome Powell said the current...
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Treasuries Extend Gains After Fed Less Hawkish Than FearedTreasury yields declined, with the two-year note’s falling below 5%, after the tone of the Federal Reserve’s latest monetary policy statement was less hawkish than many investors expected.
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