(Reuters) - NEW YORK, June 6 - U.S. Treasury debt prices rose
on Wednesday as a sell-off in the stock market stoked some
buying in bonds despite data signaling wage inflation
pressures.
Major Wall Street indexes shed nearly one percent, helping
Treasuries stabilize after their month-long decline driven by
fading prospects of a Federal Reserve interest rate cut this
year.
Read more at Reuters.com Bonds News
on Wednesday as a sell-off in the stock market stoked some
buying in bonds despite data signaling wage inflation
pressures.
Major Wall Street indexes shed nearly one percent, helping
Treasuries stabilize after their month-long decline driven by
fading prospects of a Federal Reserve interest rate cut this
year.
Read more at Reuters.com Bonds News
No comments:
Post a Comment