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Bond traders pile into Treasuries; bet that Fed hike won't quash rally

US government debt rallied on Friday, driving longer-term yields to the lowest this year after mediocre jobs data

Federal Reserve.jpg
Before heading into the darkness of the Federal Reserve's blackout period, bond traders loaded up on Treasuries.

New York

BEFORE heading into the darkness of the Federal Reserve's blackout period, bond traders loaded up on Treasuries.

US government debt rallied on Friday, driving longer-term yields to the lowest this year, after Labor Department figures showed payrolls and average hourly

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