Treasuries Rise While Dollar Erases Gains on Fed Minutes

Updated on

Many Fed Officials Saw Risks on Foreign Weakness

Treasuries rallied while the dollar retreated after minutes of the Federal Reserve’s last meeting indicated officials are inclined to hold interest rates near zero for longer. Crude oil slid, while the Standard & Poor’s 500 Index closed near an all-time high.

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