US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil prices.
The advance pushed yields lower across maturities on Friday (Feb 21) following unexpectedly weak economic data and an uptick in consumers’ long-run inflation views to the highest since 1995.
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