(Reuters) - U.S. Treasuries slipped on Friday as strong data on labour
and manufacturing further reduced expectations that the Federal
Reserve might cut interest rates late this year, sending
benchmark 10-year yields to their highest levels in more than
nine months.
Stronger capital spending than expected by Japanese firms in
the first quarter, shown by data released earlier in the session,
also hurt the sentiment of the bond investors, worried that a
Bank of Japan rate hike could come as early as August.
Read more at Reuters.com Bonds News
and manufacturing further reduced expectations that the Federal
Reserve might cut interest rates late this year, sending
benchmark 10-year yields to their highest levels in more than
nine months.
Stronger capital spending than expected by Japanese firms in
the first quarter, shown by data released earlier in the session,
also hurt the sentiment of the bond investors, worried that a
Bank of Japan rate hike could come as early as August.
Read more at Reuters.com Bonds News
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