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Treasuries Extend Gains After Strong 30-Year Sale: Markets Wrap

Summary by SWI swissinfo.ch
(Bloomberg) -- A solid sale of 30-year Treasuries reduced fears that spiraling deficits are causing investors to shun the maturity, with bonds also gaining as cooling inflation fueled bets the Federal Reserve will have room to cut rates should the economy lose steam. The dollar hit a three-year low. Stocks rose.

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SWI swissinfo.ch broke the news in Bern, Switzerland on Thursday, June 12, 2025.
Sources are mostly out of (0)