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5 hours ago

Cool CPI data cuts July Fed hike bets to 20%, Treasuries rally

Cool CPI data cuts July Fed hike bets to 20%, Treasuries rally

(Bloomberg) -- US Treasuries surged as traders pulled back from bets on Federal Reserve interest-rate hikes after consumer prices data came in lower than forecast. Most Read from Bloomberg The yield on two-year Treasuries — which are sensitive to... Read more.

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