Treasuries rose as traders latched onto fresh signs that the US labor market is softening, bolstering their outlook for how much the Federal Reserve might cut interest rates in the coming months.
Oil moved higher, rebounding from recent declines, as traders digested measures from the US to exert control over Venezuela’s oil.
Oil was on track for the biggest weekly gain since June after US sanctions on major Russian producers upended the…
The Trump administration’s new legal assault on the Federal Reserve further threatens independence and makes it harder for the central…