Treasuries Rally as Inflation Gauge Slows Despite Oil Price Rise

Treasuries recovered earlier losses, ending the day little-changed, as a key US inflation gauge rose less than expected, offsetting the impact of higher oil prices.

28 May, 14:35 — 28 May, 14:35

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advisor-perspectivesMostly Factual6d ago

Treasuries’ Oil-Driven Selloff Stalls as Inflation Gauge Slows

Treasuries rallied back to be little-changed on the day, erasing earlier declines spurred by higher oil prices, after a key US inflation gauge rose less than expected.

By Elizabeth Stanton

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Treasuries Rally as Inflation Gauge Slows Despite Oil Price Rise

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Treasuries’ Oil-Driven Selloff Stalls as Inflation Gauge Slows

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