US Bonds Extend Rally as Soft Inflation Data Dims Fed Hike Bets

Treasuries rose for a second day after soft back-to-back US inflation readings reinforced optimism that US inflation has peaked and may curb the need for the Federal Reserve to raise...

By Cameron Fozi and Elizabeth Stanton · Bloomberg Markets

Treasuries rose for a second day after soft back-to-back US inflation readings reinforced optimism that US inflation has peaked and may curb the need for the Federal Reserve to raise interest rates.