The US Treasury building in Washington. Treasuries rose, led by short-dated notes, after a reading on wholesale inflation came in weaker than expected, cementing bets that the Federal Reserve will start to cut interest rates next week. Most Read from Bloomberg The yield on two-year notes, which closely track expected moves by the Fed, fell as much as four basis points to 3.52%, while the rate on benchmark 10-year notes moved three basis points lower to 4.06%. The producer price index for August decreas ...