The Traderszone Network

Published in TZ Latest News 24 December, 2014 by The TZ Newswire Staff

Fear Of Rate Hikes Sinks Bonds For Second Week

Treasuries headed for a second weekly loss as signs of faster U.S. economic growth bolstered speculation the Federal Reserve may raise interest rates by mid-2015. Benchmark 10-year yields reached a two-week high as a report showed unemployment claims fell last week. Treasuries tumbled the most in a year Tuesday after a report showed the world’s biggest economy grew at the fastest pace in 11 years.

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