Markets & Finance
Treasuries End Higher
Treasury prices finished higher after damp headline retail sales in August were mitigated by a decent ex-autos gain, highlighting expectations of the impact of weak auto sales on the month, says Action Economics. However, a series of Fedwatcher reports all concluded that the Federal Reserve is likely to pause from its tightening program at the end of the year, sending yields lower into the close, says Action Economics. The 10-year note yield eased back to around 4.13%.