(Reuters) - NEW YORK, May 18 - U.S. Treasury debt prices
eased on Friday, taking benchmark yields to 3-month highs, as
more gains on Wall Street siphoned cash from the bond market.
The drop in bond prices extended a selloff that has
characterized the entire week, with bonds undermined by a
climbing stock market and economic data that has made traders
pare back expectations the Federal Reserve will cut interest
rates later this year.
Read more at Reuters.com Bonds News
eased on Friday, taking benchmark yields to 3-month highs, as
more gains on Wall Street siphoned cash from the bond market.
The drop in bond prices extended a selloff that has
characterized the entire week, with bonds undermined by a
climbing stock market and economic data that has made traders
pare back expectations the Federal Reserve will cut interest
rates later this year.
Read more at Reuters.com Bonds News
No comments:
Post a Comment