Treasuries Sag at Finish

Firmer economic data and a rebound in stocks left Treasuries in the dust

Stocks consolidated their late Wednesday rebound and Treasuries relinquished some of their recent impulsive gains on Thursday, the day after a forgettable FOMC meeting. Relatively buoyant final Q1 GDP (+6.1%) and damp claims (-10K) numbers hindered bonds early on.

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