(Bloomberg) -- U.S. Treasuries headed for a sixth
weekly decline as a government report today will probably show
inflation quickened last month.
Regular 10-year notes yielded about 2.47 percentage points
more than 10-year Treasury Inflation Protected Securities, near
the widest since April, a sign of increasing demand for notes
that hedge against rising prices. A Labor Department report may
show the consumer price index rose 0.6 percent in May, from 0.4
percent in April, according to a Bloomberg News survey.
Read more at Bloomberg Bonds News
weekly decline as a government report today will probably show
inflation quickened last month.
Regular 10-year notes yielded about 2.47 percentage points
more than 10-year Treasury Inflation Protected Securities, near
the widest since April, a sign of increasing demand for notes
that hedge against rising prices. A Labor Department report may
show the consumer price index rose 0.6 percent in May, from 0.4
percent in April, according to a Bloomberg News survey.
Read more at Bloomberg Bonds News
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