(Bloomberg) -- U.S. Treasuries rose on speculation inflation may slow enough in coming months to enable the Federal Reserve to cut interest rates.
Economists at Goldman Sachs Group Inc., Merrill Lynch & Co., and UBS AG say the worst U.S. housing slump in a decade may drive the economy into a recession and stifle consumer prices. The world's biggest economy expanded at an annual rate of 1.3 percent last quarter, the Commerce Department said April 27, slower than what economists expected.
Read more at Bloomberg Bonds News
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