The Traderszone Network

Published in TZ Latest News 23 June, 2015 by The TZ Newswire Staff

Greek Default Fears Ebb, Pushing Treasuries Lower

As the threat of a Greece debt default wanes, Treasury traders are again focused on parsing U.S. economic data to gauge when the Federal Reserve will raise interest rates. Investors expecting higher rates forced the U.S. to pay the most this year at an auction of two-year notes. The premium offered by Treasuries over developed-market peers has risen from an almost five-month low as demand for U.S.

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