The Traderszone Network

Published in TZ Latest News 15 September, 2014 by The TZ Newswire Staff

Bond Prices End Long Skid On U.S. Production Decline

Treasuries gained for the first time in eight days, ending the longest skid in more than a year, as industrial production in the U.S. unexpectedly declined in August for the first time in seven months. Treasury 10-year yields reached the highest since July earlier amid speculation the Federal Reserve will delete reference to interest rates staying low for a “considerable time” when it meets this week.

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