(Reuters) - The equities rally, hawkish comments on inflation by
Richmond Fed President Jeffrey Lacker and data suggesting a
pick up in the economy have weighed on Treasuries in recent
sessions.
"Investors have been more comfortable with inflation
being between 2 and 3 percent, whereas the Fed is just so
resolute in getting that rate under 2 percent and really closer
to 1 percent," said Georges Yared, chief investment strategist
at Yared Investment Research in Minneapolis.
Read more at Reuters.com Bonds News
Richmond Fed President Jeffrey Lacker and data suggesting a
pick up in the economy have weighed on Treasuries in recent
sessions.
"Investors have been more comfortable with inflation
being between 2 and 3 percent, whereas the Fed is just so
resolute in getting that rate under 2 percent and really closer
to 1 percent," said Georges Yared, chief investment strategist
at Yared Investment Research in Minneapolis.
Read more at Reuters.com Bonds News
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