Treasuries Rally as Fed’s Fischer Mulls Slow Productivity ‘Doom’

Updated on
  • Futures show 52% probability of a 2016 interest-rate increase
  • Treasury to auction $88 billion in fixed-rate notes this week

Does the Market Believe Fischer's Fed Forecast?

Treasuries rallied, with 10-year note yields falling the most in more than a week, as a speech from Federal Reserve Vice Chairman Stanley Fischer signaled the central bank was unsure how to further boost the U.S. economy.

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