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Treasuries Rally as Cool CPI Data Cuts July Fed Hike Bets to 20%

Newseze Wire·Tue, Jul 14, 12:47 PMWire: Bloomberg Markets
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Treasuries Rally as Cool CPI Data Cuts July Fed Hike Bets to 20%

US Treasuries surged as traders pulled back from bets on Federal Reserve interest-rate hikes after consumer prices data came in lower than forecast.

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US Treasuries surged as traders pulled back from bets on Federal Reserve interest-rate hikes after consumer prices data came in lower than forecast. The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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