(Reuters) - Bond prices have fallen through the week, and yields risen,
with the benchmark yield hitting a one-month high on Thursday
as traders pared back their expectations the Federal Reserve
will cut benchmark interest rates later this year.
While interest rate expectations have been adjusted
according to economic data, a rising stock market this week has
also undermined bond prices. Stock futures rose again on
Friday.
Read more at Reuters.com Bonds News
with the benchmark yield hitting a one-month high on Thursday
as traders pared back their expectations the Federal Reserve
will cut benchmark interest rates later this year.
While interest rate expectations have been adjusted
according to economic data, a rising stock market this week has
also undermined bond prices. Stock futures rose again on
Friday.
Read more at Reuters.com Bonds News
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