(Reuters) - A government report showed the U.S. economy grew at a
stronger-than-expected annual rate of 3.4 percent in the second
quarter, rebounding from a dismal start to the year. See
[ID:nN27292437] for details.
One potential positive for Treasuries in the growth report
was the inflation gauge, which plunged, indicating that the
Federal Reserve now has more leeway if it needs to cut
benchmark interest rates in the second half of this year.
Read more at Reuters.com Bonds News
stronger-than-expected annual rate of 3.4 percent in the second
quarter, rebounding from a dismal start to the year. See
[ID:nN27292437] for details.
One potential positive for Treasuries in the growth report
was the inflation gauge, which plunged, indicating that the
Federal Reserve now has more leeway if it needs to cut
benchmark interest rates in the second half of this year.
Read more at Reuters.com Bonds News
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