Reported 27 days ago
US Treasuries stabilized after a week marked by inflation fears and uncertainty regarding future interest rate cuts. The two-year yield held at 4.29%, while the 10-year yield hovered just above 4.50%. Although a slowdown in retail sales could bolster bond market hopes, traders have become less bearish on US bonds but are still cautious, reflecting mixed economic signals and potential inflation risks.
Source: YAHOO