Bonds Rise on Treasury Sale; Asian Stocks to Fall: Markets Wrap

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Bonds climbed after a solid $39 billion Treasury sale triggered speculation that Wednesday’s inflation reading will help make the case for the Federal Reserve to cut rates this year. Asian stocks look set to shrug off the positive US session and track lower.

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Markets today: U.S. stocks rise as solid Treasury sale spurs CPI betsStocks joined bonds higher after a solid $39 billion Treasury sale triggered speculation that Wednesday’s inflation reading will help make the case for the Federal Reserve to cut rates this year.
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Asian Stocks Poised to Fall; Treasury Yields Sink: Markets WrapAsian shares are set to dip on Tuesday, following a listless US session where the main focus was the bond market’s sudden climb after weak data bolstered bets the Federal Reserve will cut interest rates this year.
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