when combined with the tame inflation read, weak retail sales underscoring further signs of a "moderating" economy (also welcome news for the Fed) left investors buying into the idea that policy makers may have more breathing room to ease rather than tighten. Bond traders, in contrast, did not subscribe to that notion, as evidenced by selling across the yield curve. Nonetheless, the underlying bullish momentum behind the seven-week rally in equities was too much for sellers to have their ...
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