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https://www.wsj.com/articles/shorter-term-bonds-gain-after-data-showing-cooler-inflation-e7680a2b

Shorter-Term Bonds Gain After Data Showing Cooler Inflation

Traders extend bets that the Fed is nearly done raising interest rates

Photo: Yuki Iwamura/AFP/Getty Images
By Matt Grossman

Shorter-term Treasury debt extended a recent rally after new data showed that inflation cooled last month, sparking more bets that Federal Reserve interest-rate increases are coming to an end.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.