Monday, March 30, 2015

Yields Dip; Spending Data Add To A Sluggish Picture



Investor's Business Daily - Investing RSS http://ift.tt/1MquvKf Treasuries gained, led by shorter-term securities, as the outlook for Federal Reserve interest-rate increases dimmed after central-bank officials said stimulative policy remains appropriate. A report showed consumer spending rose less than forecast in February, adding to evidence of sluggish first-quarter economic growth. Fed Chairwoman Janet Yellen said late afternoon on March 27 that "it is appropriate for monetary policy to


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