(Bloomberg) -- U.S. 10-year Treasuries headed for the biggest gain in seven weeks on speculation slowing inflation will provide scope for the Federal Reserve to lower interest rates this year.
Treasuries snapped a four-week run of losses as a government report on April 17 showed prices excluding energy and food rose less than economists forecast last month. Economic growth in the quarter ended March may be the slowest in more than a year, according to a Bloomberg News survey of economists.
Read more at Bloomberg Bonds News
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