The treasury market delivered the biggest gain in six months in February. — Reuters
NEW YORK: US government bond yields decline to new multi-month lows after mixed results from a manufacturing survey fanned investor angst about slowing growth and oil prices fell.
The rally gained additional pace late in the session after President Donald Trump said there was no room left for a deal on Canada and Mexico tariffs ahead of their effective date yesterday, while reiterating plans to double tariffs on Chinese imports to 20% from 10%.
