Treasuries Gain After Two-Year Yields Reach Highest Since JuneMark Tannenbaum
Treasuries gained after two-year yields reached the highest since June.
Yields initially rose after Federal Reserve Chair Janet Yellen said in a speech in Jackson Hole, Wyoming, that the case to raise interest rates is strengthening as the U.S. economy approaches the central bank’s goals.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.