Bullish Treasuries Traders Await Jobs Revisions, Inflation Data
A shopper carries bags in New York, on Sept. 6.
Photographer: Michael Nagle/BloombergEmboldened investors in the Treasuries market face a test of bullish sentiment this week from inflation reports and a benchmark revisions for jobs data.
Two- and 10-year yields ended last week at their lowest levels since early April and traders fully priced in a quarter-point interest-rate cut when the Federal Reserve meets in mid-September, followed by more reductions by the end of the year.