Monday , 11 December 2017

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Treasuries lose ground on Fed rate hike bets

Since June 2013, Treasuries have lost its momentum as investors bolstered bets the Federal Reserve will increase interest rate this year.

US sovereign debt retreated for a sixth day following Boston Fed President Eric Rosengren said policymakers could raise rates at their December 15-16 meeting. Futures placed the odds for a rate increase by year-end at 68%, from 50% likelihood at the end of October.

The 10-year note yield, hitting its three-month peak, was unchanged at 2.34% The price of the 2% Treasury maturing in August 2025 was 97.

The material has been provided by InstaForex Company – www.instaforex.com

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Treasuries lose ground on Fed rate hike bets Reviewed by on . Since June 2013, Treasuries have lost its momentum as investors bolstered bets the Federal Reserve will increase interest rate this year.US sovereign debt retre Since June 2013, Treasuries have lost its momentum as investors bolstered bets the Federal Reserve will increase interest rate this year.US sovereign debt retre Rating:
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