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Treasuries Rise as Oil Prices Drop, Easing Concern About Fed Rate Hikes

By ChordNews · First written (updated )

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Summary

Treasuries rose, building on their biggest monthly advance in more than two years, as tumbling oil prices eased concern about inflation pressure that could lead to additional Federal Reserve interest-rate hikes.

This continues an earlier story: Oil prices fall as renewed US-Iran peace efforts ease supply fears

Later: Treasuries Pare Weekly Gains After Strong October Jobs Data Revives Fed Rate-Hike Bets

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Treasuries rose, extending their biggest monthly advance in more than two years, as falling oil prices eased concern about inflation pressure leading to further Federal Reserve rate hikes.

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