The Traderszone Network

Published in TZ Latest News 12 January, 2015 by The TZ Newswire Staff

Oil Slide Sends Bond Yield To Lowest Level Since 2013

Treasuries rose, pushing 10-year note yields to a 2013 low, as tumbling oil prices crimp the outlook for inflation and fueled speculation the Federal Reserve may delay an interest-rate increase. U.S. debt extended gains after the auction of $24 billion of three-year notes produced a lower-than-forecast yield. Fed Bank of Atlanta President Dennis Lockhart said policy makers should be “patient” in raising rates.

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