Treasuries Rise as Ceasefire Spurs Oil Drop, Fed Rate-Cut Hopes
Short-dated notes led a jump in Treasuries as plunging oil prices fueled hopes that slower inflation may pave the way for the Federal Reserve to resume interest rate cuts.
By Masaki Kondo · Bloomberg Markets
Short-dated notes led a jump in Treasuries as plunging oil prices fueled hopes that slower inflation may pave the way for the Federal Reserve to resume interest rate cuts.