Liz Capo Mccormick

Treasuries slid as investors focused on signs of sticky price pressures in a reading of first-quarter US economic growth data, further dimming the outlook for the pace of Federal Reserve rate cuts to come this year.

Treasuries slid as signs of sticky price pressures in a reading of first-quarter US economic growth further dimmed the outlook for the pace of Federal Reserve interest-rate cuts.

Los bonos del Tesoro de EE.UU. caen y las apuestas del primer recorte de tasas de la Reserva Federal se retrasan por señales de fuertes presiones sobre los precios.

Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through over the past two years — an outlook reshaped significantly by US outperformance.

The US Treasury is set to keep its sales of long-term debt steady in a new plan this week, with the government expected to get relief soon from the Federal Reserve’s rapid run-down in its securities holdings.

Treasury in January signaled no more bumps in issuance for now Dealers on watch for details on new Treasuries buyback plan

The US Treasury ramped up its estimate for federal borrowing for the current quarter to $243 billion, more than most dealers had anticipated, in a move that largely reflected weaker cash receipts than officials had expected.

After a combined 1,475 bps in increases, the U.S. Fed, ECB, and BOE are expected to reduce rates by only 575 bps by the end of next year.

The US Treasury left its quarterly issuance of longer-term debt unchanged on Wednesday, as widely expected, while announcing that its first program to buy back existing securities in more than two decades will kick off this month.

(Bloomberg) -- The US Treasury left its quarterly issuance of longer-term debt unchanged on Wednesday, with the government set to benefit from an expected slowdown in the Federal Reserve's shrinking holdings of Treasuries.