Short-dated notes led a jump in Treasuries as plunging oil prices fueled hopes that slower inflation may pave the way for the Federal Reserve to resume interest rate cuts.
Treasuries Rise as Ceasefire Spurs Oil Drop, Fed Rate-Cut Hopes
Short-dated notes led a jump in Treasuries as plunging oil prices fueled hopes that slower inflation may pave the way for the Federal Reserve to resume interest rate cuts.