Treasuries Pare Declines After Dovish Comments by Fed’s Waller
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Treasuries pared declines after Federal Reserve Governor Christopher Waller, who’s under consideration to become chair of the central bank, reiterated his dovish views on US interest rates.Short-maturity yields retreated to little-changed levels after Waller described the US labor market as “very soft” and said rates were still as much as a percentage point above neutral. Waller is expected to meet for an interview with President Donald Trump on Wednesday. The president is nearing the final stages of his search for a successor to Chair Jerome Powell, whose term ends in May.