The Traderszone Network

Published in TZ Latest News 30 June, 2015 by The TZ Newswire Staff

Treasuries Suffer First Loss For Quarter Since 2013

Haven demand, sparked by the crisis in Greece, didn’t prevent Treasuries from heading for their first quarterly loss since 2013 with the Federal Reserve poised to raise interest rates this year. Some market watchers expect the Fed to increase borrowing costs as soon as September. U.S. sovereign securities declined after German Chancellor Angela Merkel dismissed a bid for aid by Greece hours before its bailout expires.

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