Treasuries fell in a volatile trading session as a recovery in risk sentiment amid the deepening global trade war overshadowed a cooler-than-expected US inflation report.
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(Bloomberg) — Treasuries fell in a volatile trading session as a recovery in risk sentiment amid the deepening global trade war overshadowed a cooler-than-expected US inflation report.
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The two-year yield, reflecting expectations for Federal Reserve monetary policy, declined as much as four basis points to a session low 3.90%, then rebounded to as high as 4%. The 10-year yield also whipsawed…
