Treasurys Edge Higher After Selloff -- Market Talk
14 September 2016, 12:53
8:52 ET - For the second day in a row, the bond market is starting the day on firmer footing, though that sentiment didn't last long Tuesday with yields rising sharply in the late morning. Though down in overnight trading, yields were little changed after new data showed a continued decline in import prices, which has weighed on overall inflation. Bonds have sold off since last Thursday when the European Central Bank declined to announce fresh stimulus measures, as investors grow concerned that central banks are reaching the limits of their easing policies. The 10-year yield was recently at 1.710% vs. 1.732% Tuesday. (sam.goldfarb@wsj.com)
(END) Dow Jones Newswires
September 14, 2016 08:53 ET (12:53 GMT)
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