Stocks Join Losses in Bonds as Fed-Cut Wagers Fade: Markets Wrap : vimarsana.com

Stocks Join Losses in Bonds as Fed-Cut Wagers Fade: Markets Wrap

(Bloomberg) — Wall Street traders sent both stocks and bonds lower after solid US factory data reinforced speculation that the Federal Reserve will be in no rush to cut interest rates. Treasuries fell across the curve — with 10-year yields climbing over 10 basis points — as manufacturing unexpectedly expanded for the first time since…

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