(Bloomberg) -- U.S. Treasuries fell before a report that's expected to show consumer price growth accelerated in March, reinforcing the Federal Reserve's view that inflation remains a threat.
The yield on benchmark 10-year notes, which are among the most sensitive to investors' perceptions of future inflation, stayed near a two-month high reached last week. Traders scaled back expectations the Fed will lower interest rates after minutes from the most recent policy meeting suggested the bank is more concerned about inflation than slowing economic growth.
Read more at Bloomberg Bonds News
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