0.38$ 5500 0.48$ 1000
Long-Term Treasurys Slide
NEW YORK -- Prices of longer-dated Treasurys were lower Monday morning as manufacturing data from China to the euro zone lifted demand for riskier assets from stocks to crude oil, denting the allure of low-risk government debt.
Bonds were also under pressure as investors braced for the two-day monetary policy meeting from the Federal Reserve starting Tuesday. The Federal Open Market Committee meeting will end Wednesday afternoon with a statement on the outlook for the economy and inflation, as well as policy makers' latest views on the exit strategy to unwind the massive monetary stimulus pumped into the economy over ... |