(Reuters) - NEW YORK, May 7 - Long-dated U.S. Treasury bond prices rose on Monday as investors took last week's soft jobs data as a sign inflation was ebbing and bet the Federal Reserve would acknowledge that at a monetary policy meeting this week.
But shorter-dated paper traded little changed after a $14 billion sale of three-year notes, the last planned sale of this maturity, drew lackluster demand.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment