Treasuries Stage Longest Rally in 12 Months on China Turmoil

  • Probability of Fed interest-rate increase by April declines
  • Fed's Lacker cites confidence inflation will reach target

Inside the FOMC's Dec. Meeting Minutes

Ten-year Treasuries advanced for a sixth day, the longest winning streak in 12 months, as turmoil in Chinese markets drove demand for the safest assets and prompted traders to cut bets on a U.S. interest-rate increase by April.

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