The Traderszone Network

Published in TZ Latest News 28 September, 2015 by The TZ Newswire Staff

Safe-Haven Demand Boosts Treasuries As Stocks Plunge

Treasuries gained as investors sought safety amid tumbling stocks and as declining commodity prices weighed down inflation expectations. Short-term U.S. debt underperformed longer-term securities after William Dudley, president of the Federal Reserve Bank of New York, said the central bank will probably boost interest rates this year. Long-term securities attracted buyers as U.S.

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