(Reuters) - NEW YORK, May 18 - U.S. Treasury debt prices
eased on Friday as further gains on Wall Street siphoned cash
out of the bond market, while traders pared back expectations
the Federal Reserve will cut interest rates later this year.
Bond prices often move inversely to stocks as investors
allocate assets between lower-risk Treasuries and higher-risk
equities.
Read more at Reuters.com Bonds News
eased on Friday as further gains on Wall Street siphoned cash
out of the bond market, while traders pared back expectations
the Federal Reserve will cut interest rates later this year.
Bond prices often move inversely to stocks as investors
allocate assets between lower-risk Treasuries and higher-risk
equities.
Read more at Reuters.com Bonds News
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