Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Treasuries Turn Lower


After Thursday's windfall gains, the bond market retreated on Friday as bulls moved to the sidelines ahead of the weekend and next week's Federal Open Market Committee meeting, despite weaker than expected consumer sentiment data, says Action Economics. The yield on the 10-year note rose to 4.13% from roughly 4.07%.

Prices had surged Thursday after softer than expected CPI and Philly Fed data increased market speculation that the FOMC will suggest a softer policy trajectory at Tuesday's meeting, says Action Economics.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus