(Reuters) - NEW YORK, June 15 - U.S. Treasury debt prices
surged higher on Friday after tame data on underlying inflation
eased concerns over the potential for Federal Reserve rate
hikes.
Softer-than-expected figures on U.S. industrial output,
capacity utilization and consumer sentiment also contributed to
the firmer tone in bond prices, which pulled benchmark yields
back further from five-year peaks hit on Wednesday.
Read more at Reuters.com Bonds News
surged higher on Friday after tame data on underlying inflation
eased concerns over the potential for Federal Reserve rate
hikes.
Softer-than-expected figures on U.S. industrial output,
capacity utilization and consumer sentiment also contributed to
the firmer tone in bond prices, which pulled benchmark yields
back further from five-year peaks hit on Wednesday.
Read more at Reuters.com Bonds News
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