(Bloomberg) -- U.S. Treasuries may advance for a second day after a report showing a slowdown in job creation fueled speculation that the Federal Reserve will cut interest rates this year as inflation moderates.
Bonds on May 4 rose for the first time in four days after the Labor Department report showed employment growth fell to its lowest level in more than two years. Yields on interest-rate futures had dropped as traders bet the Fed will lower its target for the overnight lending rate between banks this year.
Read more at Bloomberg Bonds News
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