(Bloomberg) -- Israel's benchmark Shahar bonds
advanced for a third day on expectations the central bank will
keep interest rates unchanged and bond markets regained some of
their losses after a rout in U.S. Treasuries.
Israeli debt prices rebounded from their lows this year as
Treasury yields dropped from a five-year high after a U.S.
government report suggested inflation is tame. Israeli consumer
prices will probably start to rise in June, easing deflation,
after the shekel lost as much as six percent of its value against
the dollar since the middle of May, economists say.
Read more at Bloomberg Bonds News
advanced for a third day on expectations the central bank will
keep interest rates unchanged and bond markets regained some of
their losses after a rout in U.S. Treasuries.
Israeli debt prices rebounded from their lows this year as
Treasury yields dropped from a five-year high after a U.S.
government report suggested inflation is tame. Israeli consumer
prices will probably start to rise in June, easing deflation,
after the shekel lost as much as six percent of its value against
the dollar since the middle of May, economists say.
Read more at Bloomberg Bonds News
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