Treasuries Post First Gain in 1 Week as Consumer Sentiment Falls

Updated on
  • Bonds rise as consumer sentiment falls to lowest in a year
  • Futures show 28 percent chance of Fed rate increase next week

Treasuries rose amid investor demand for safe assets as a reading of consumer sentiment dropped to the lowest level in a year before the Federal Reserve meets next week.

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