Bonds Rally in Early Trading

Bonds Rally in Early Trading

S&P MARKETSCOPE: Bonds, which plunged Wednesday, were sharply higher in electronic trading Thursday before economic data that expected to be weak and put pressure on the Fed to cut rates at the Jan. 29/30 meeting. So far, traders ignoring WSJ report that foreign investment in U.S. companies could take easing pressure of the Fed.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.