Treasuries Rise as Falling Oil Prices Trim Fed Rate-Hike Wagers
Treasury prices increased Tuesday as declining oil prices reduced inflation concerns and tempered expectations for aggressive Federal Reserve rate hikes. Diplomatic progress regarding the Iran conflict drove the oil price decline, which in turn eased market worries about additional monetary tightening in the coming year.
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Treasuries Rise as Falling Oil Prices Trim Fed Rate-Hike Wagers
Treasury prices increased Tuesday as declining oil prices reduced inflation concerns and tempered expectations for aggressive Federal Reserve rate hikes. Diplomatic progress regarding the Iran conflict drove the oil price decline, which in turn eased market worries about additional monetary tightening in the coming year.
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