Treasuries Stage Longest Rally Since 2013 as China Outweighs Fed

January 7, 2016 5:33 AM

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Treasuries Stage Longest Rally Since 2013 as China Outweighs Fed

Treasuries advanced for a sixth day, the longest winning streak in 13 months, as turmoil in Chinese markets drove demand for the relative safety of government debt.

From two-year notes to 30-year bonds, yields are below their levels on Dec. 16 when the Federal Reserve increased its benchmark rate for the first time in almost a decade. Chinese stock exchanges closed early for the second time this week after the CSI 300 Index plunged 7 percent. China’s central ba...

Also read: U.S. Consumer Spending Rises at More Moderate Pace, Incomes Jump

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