Treasuries Advance Before Auction as Oil Prices Retreat Further

Treasuries rose as benchmark oil prices declined to the lowest levels in more than a month, alleviating concern about elevated inflation ahead of Wednesday’s release of the May consumer price...

By Elizabeth Stanton · Bloomberg Markets

Treasuries rose as benchmark oil prices declined to the lowest levels in more than a month, alleviating concern about elevated inflation ahead of Wednesday’s release of the May consumer price index.