TREASURIES-U.S. 30-year yields drop to record low on recession fears
U.S. Treasury yields slumped on
Wednesday, with 30-year yields nearing record lows, on growing
fears over a global downturn and bets the Federal Reserve would
have to pick up its pace of interest rate cuts to counter
growing recession risks.
Wednesday, with 30-year yields nearing record lows, on growing
fears over a global downturn and bets the Federal Reserve would
have to pick up its pace of interest rate cuts to counter
growing recession risks.
Posted by Reuters