Treasuries Rise With U.S. Stocks as Fed Minutes Signal Low Rates

Updated on
  • Officials split in July on whether rate increase needed soon
  • Asian index futures diverge as dollar pares, but holds gains

FOMC Minutes Show Battle Over Rates Raging in Fed

U.S. bonds and stocks rose after minutes of the Federal Reserve’s last meeting indicated officials saw little risk of a sharp uptick in inflation, fueling bets interest rates will stay lower for longer. The dollar pared gains.

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