Fed Hawks Consign Treasuries to Worst Month Since June 2015

  • Credit Agricole favors curve-flattening trades in Treasuries
  • Longer-term notes may sidestep brunt of rate move: DBS’s Leow

Treasuries are heading for their worst month since June of last year after Janet Yellen and a chorus of Federal Reserve officials said the case for higher interest rates had strengthened.

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