(Reuters) - NEW YORK, June 6 - U.S. government 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 were down about 1 percent,
helping Treasuries to stabilize after their month-long decline
driven by fading prospects of a Federal Reserve interest rate
cut this year, analysts and traders said.
Read more at Reuters.com Bonds News
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 were down about 1 percent,
helping Treasuries to stabilize after their month-long decline
driven by fading prospects of a Federal Reserve interest rate
cut this year, analysts and traders said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment