Treasury yields pull back ahead of FOMC minutes

Treasury yields pull back ahead of FOMC minutes

The Treasury Department said it will double the size of its government debt repurchases, lending support to longer-dated bonds. “While the announcement may provide short-term relief, we do not believe it fundamentally changes the outlook for long-term yields,” said Tony Miano, global investment strategy analyst at Wells Fargo Investment Institute. Bond prices around the world…

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