(Bloomberg) -- U.S. Treasury 10-year notes gained, pushing their yields lower than those of two-year notes for the first time in four weeks, amid signs inflation is moderating.
Two-year notes fell as traders pared bets the Federal Reserve will cut interest rates this year. While a Labor Department report yesterday showed job creation fell to a more than two-year low in April, industry reports indicated economic activity is picking up.
Read more at Bloomberg Bonds News
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