The Traderszone Network

Published in TZ Latest News 21 January, 2015 by The TZ Newswire Staff

Yields Ascend On Rate Cut In Canada, Likely ECB Move

Treasuries fell Wednesday, with 30-year bond yields rising from a record low, after the Bank of Canada unexpectedly cut its overnight benchmark rate and the European Central Bank moved closer to increased monetary stimulus. Stocks and oil rallied on speculation that an accommodative ECB monetary policy expected Thursday may boost economic output.

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