(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.
The price gains in longer-dated bonds, which are particularly sensitive to inflation expectations, pushed 30-year yields to their lowest in more than a month.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment