(Bloomberg) -- U.S. Treasuries may rise for a third day on speculation a Federal Reserve report later today will show slowing in the economy.
Ten-year yields fell to the lowest this month after an industry report yesterday said existing-home sales tumbled in March, feeding expectations a cooling in housing will slow consumer spending. Yields on two-year notes, among the most sensitive to central bank rate expectations, declined as traders increased bets the Fed will cut borrowing costs.
Read more at Bloomberg Bonds News
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