(Reuters) - NEW YORK, June 1 - U.S. government debt prices
slid on Friday, sending benchmark yields to 9-1/2-month highs,
after strong jobs and manufacturing reports all but obliterated
market expectations for a Federal Reserve interest rate cut
this year.
Apart from some weakness in a report on pending home sales,
personal spending, consumer sentiment and most other economic
data released Friday signaled that U.S. economic activity was
reaccelerating in the second quarter, analysts said.
Read more at Reuters.com Bonds News
slid on Friday, sending benchmark yields to 9-1/2-month highs,
after strong jobs and manufacturing reports all but obliterated
market expectations for a Federal Reserve interest rate cut
this year.
Apart from some weakness in a report on pending home sales,
personal spending, consumer sentiment and most other economic
data released Friday signaled that U.S. economic activity was
reaccelerating in the second quarter, analysts said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment