The Traderszone Network

Published in TZ Latest News 6 January, 2015 by The TZ Newswire Staff

Treasuries Winning Streak Extended As Oil Collapses

Treasuries rallied, with benchmark 10-year yields dropping below 2% for the first time since October, as tumbling oil prices damped the global outlook for inflation. U.S. 30-year bonds gained for an eighth day, sending the yield to the lowest level since July 2012, as a report showed service industries growth moderated as 2014 ended.

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