Markets today: Treasuries climb as data embolden bets on soft PCE

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The world’s largest bond market rose after the latest batch of economic reports reinforced speculation the Federal Reserve will be able to cut interest rates this year to prevent a bigger U.S. slowdown.

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Markets today: Treasuries slide amid high-grade sales before dataThe world’s biggest bond market trimmed its June rally amid a flood of corporate-debt sales, with traders gearing up for key economic data and a slew of U.S. Federal Reserve speakers for clues on the rate outlook.
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