(Bloomberg) -- Treasuries were little changed after a government report showed growth in the world's largest economy slowed during the first quarter and inflation accelerated.
Treasury yields touched the highest in more than a week as separate data showed wages and salaries increased the most in six years, a barrier to the Federal Reserve cutting interest rates to spur growth. Gross domestic product grew at a 1.3 percent annual rate, the slowest pace in four years.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment