Treasuries Rally as Stocks Fluctuate; Oil Gains: Markets Wrap

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Treasuries Rally as Stocks Fluctuate; Oil Gains: Markets WrapTreasuries advanced, further inverting a key slice of the yield curve, while stocks fluctuated as investors positioned for what could be a protracted trade dispute with China. The slump in the 10-year yield pushed it more than 9 basis points below the rate on the three-month bill, the biggest inversion since March. The rally came after President Donald Trump declared that the U.S. was “not ready” to reach a trade deal with China.

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