Treasuries Post Weekly Advance as Inflation Optimism Prevails
- 1 min read - Source: Bloomberg
TOP SUMMARY
The Treasury market eked out a gain this week as supportive inflation data prevailed over a rebound in oil prices, leading traders to mostly abandon bets...
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Key points
- The Treasury market eked out a gain this week as supportive inflation data prevailed over a rebound in oil prices, leading traders to mostly abandon bets on a July Federal Reserve interest-rate hike.
What happened
The Treasury market eked out a gain this week as supportive inflation data prevailed over a rebound in oil prices, leading traders to mostly abandon bets on a July Federal Reserve interest-rate hike.