(Reuters) - NEW YORK, June 13 - U.S. government bond prices
rebounded on Wednesday, with the benchmark 10-year Treasury
note posting its best day since March technical factors and
reduced selling by mortgage players after Tuesday's rout.
Benchmark yields, however, stayed near five-year highs as
investors no longer expect the Federal Reserve to cut interest
rates this year. Bonds brushed aside strong retail sales and
inflation reports.
Read more at Reuters.com Bonds News
rebounded on Wednesday, with the benchmark 10-year Treasury
note posting its best day since March technical factors and
reduced selling by mortgage players after Tuesday's rout.
Benchmark yields, however, stayed near five-year highs as
investors no longer expect the Federal Reserve to cut interest
rates this year. Bonds brushed aside strong retail sales and
inflation reports.
Read more at Reuters.com Bonds News
No comments:
Post a Comment