Treasuries Triumph as Tepid Inflation Outlook Seen Slowing Fed

  • Traders reduce wagers on pace, timing of U.S. rate increases
  • `Markets are telling us that the global economy is quite sick'

Treasury 10-year note yields fell to the lowest since October as plunging oil prices and a global stock-market rout fueled concern that economic growth is slowing and cast doubt on the Federal Reserve’s ability to raise interest rates.

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