(Reuters) - NEW YORK, June 29 - U.S. Treasury debt rallied on
Friday as underlying inflation retreated, but the bond market
still posted its worst quarter in over a year.
Investors were encouraged by a decline in a key measure of
inflation, which fell beneath the top of the Federal Reserve's
1 percent to 2 percent comfort range for the first time in
three years.
Read more at Reuters.com Bonds News
Friday as underlying inflation retreated, but the bond market
still posted its worst quarter in over a year.
Investors were encouraged by a decline in a key measure of
inflation, which fell beneath the top of the Federal Reserve's
1 percent to 2 percent comfort range for the first time in
three years.
Read more at Reuters.com Bonds News
No comments:
Post a Comment