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Treasuries Surge as Inflation Forecast Cools Down


Février, 09 2017
watermark Economic news

Treasuries posted another set of gains for the fourth consecutive day as a decrease in the projected forecast for short-term fiscal stimulus induced a rally starting from the eurozone following a sudden surge in the demand for government bond sales. This has caused a lot of traders to cover their short-term positions prior to the 10-Year Treasury notes auction. The 10-year yields dropped by 5 basis points or 2.35%, while yields fell along the curve by up to 1-5 basis points.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.