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For Bond Traders, Data Matter More Than What the Fed Is Saying - Bloomberg
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 The US bond market is driving home a lesson about the new world investors are living in: The data matter far more than anything the Federal Reserve might say. That was on stark display Wednesday, when a softer-than-expected rise in the consumer price index that morning set off one of the biggest Treasury rallies of the year.
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