Treasuries Rise as Weak Retail Sales Dampen Fed Rate-Hike Expectations
Short-dated Treasuries rose after weak July retail sales data further eroded expectations for Federal Reserve interest-rate hikes in the coming months, which were already crumbling based on employment and inflation...
By Elizabeth Stanton · Bloomberg Markets
Short-dated Treasuries rose after weak July retail sales data further eroded expectations for Federal Reserve interest-rate hikes in the coming months, which were already crumbling based on employment and inflation data.