Treasuries Finish Higher

Treasuries advanced on weaker-than-expected consumer sentiment, and Freddie Mac's announcement of debt buybacks

It would have been unlucky to fight the trend on Friday the 13th, so Treasuries continued to forge ahead higher to round out yet another bullish week without any notable setback. Data was again friendly to the bullish cause, with headline PPI falling 0.3% in May and core merely gaining 0.1%. On a year-over-year basis, the core rate fell 0.1% -- near all-time lows.

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