Treasuries Surge as Investors Seek Refuge, Fed Rate Path Doubted

  • U.S. government bonds gain 1.6% in 2016 amid global stock rout
  • Traders curb wagers on inflation as oil price plunges

A dimming outlook for inflation and global economic growth pulled Treasury yields lower for a second week amid a stock-market rout and plunging oil prices, as traders push back the anticipated timing for Federal Reserve interest-rate increases.

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