A rally in the Treasury market lured investors to a sale of 30-year securities after new economic data bolstered bets the Federal Reserve will cut interest rates more than policymakers anticipate. Yields across the maturity spectrum declined on Thursday, with most reaching the lowest levels since early April after the […]
economic data
European stocks slipped on Friday, as doubts grew over the Federal Reserve’s ability to cut US interest rates in the face of strong economic data. The Stoxx 600 Index closed 0.2% lower, snapping a two-week run of gains, on expectations the Fed will not cut rates before December. However, it […]