Treasuries rose, pushing the 30-year bond yield to the lowest level in more than two years, as global inflation slowed even as the Federal Reserve is on track to raise rates this year.
Treasury 30-year bonds rose for a second day as measures show inflation remains below the Federal Reserve’s target even as faster U.S. economic growth bolsters the case for the central bank to raise interest rates next year.
Treasury 30-year bonds rose for a second day as measures show inflation remains below the Federal Reserve’s target even as faster U.S. economic growth bolsters the case for the central bank to raise interest rates next year.
Treasuries fell as a report showed U.S. economic growth exceeded forecasts in the third quarter, reducing demand for government debt as the Federal Reserve prepares to raise interest rates next year.
Treasuries fell as a report showed U.S. economic growth exceeded forecasts in the third quarter, reducing demand for government debt as the Federal Reserve prepares to raise interest rates next year.
Treasuries fell as the U.S. prepared to sell $27 billion of two-year notes at the highest auction yield since 2011 with investors demanding a bigger premium with the Federal Reserve forecast to raise rates next year.
Treasuries rose for the first time in three days as yields at the highest levels in more than a week lured investors after the Federal Reserve said it’s on track to raise interest rates next year.
Treasuries rose for a second day after European Central Bank President Mario Draghi cut inflation and economic-growth forecasts for the euro area and said increased monetary stimulus will be considered next year.
Treasuries fell for the first time in three days before the U.S. sells $28 billion of two-year securities, the first offering in auctions this week of $105 billion of notes.
The difference between yields on U.S. two-and 30-year debt narrowed to lowest level since November 2012 on speculation the Federal Reserve will raise interest rates next year while inflation remains restrained.
