(Reuters) - Investors also shied away from Treasuries ahead of economic
growth figures, the Fed's favourite inflation gauge, and
unemployment data towards the end of the week. The data is
expected to give more clues regarding the central bank's future
monetary policy.
Receding expectations that the Fed will cut the funds rate
later this year from a current 5.25 percent have boosted 10-year
yields by about a quarter percentage point so far this month.
Read more at Reuters.com Bonds News
growth figures, the Fed's favourite inflation gauge, and
unemployment data towards the end of the week. The data is
expected to give more clues regarding the central bank's future
monetary policy.
Receding expectations that the Fed will cut the funds rate
later this year from a current 5.25 percent have boosted 10-year
yields by about a quarter percentage point so far this month.
Read more at Reuters.com Bonds News
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