Treasuries Rally As Fed Governor Fischer Talks Up Rate Hike
August 22, 2016 at 17:42 PM EDT
Treasuries rallied, with 10-year note yields falling the most in more than a week, as a speech from Federal Reserve Vice Chairman Stanley Fischer signaled the central bank was unsure how to further boost the U.S. economy. Benchmark yields declined across maturities as oil prices slipped and equities fluctuated. Treasuries initially weakened after Fischer indicated on Sunday that an interest-rate...