Treasury yields move higher as stocks lose some momentum

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U.S. government debt prices were lower on Wednesday ahead of Jerome Powell's speech at the Jackson Hole virtual symposium.

Chairman Jerome Powell, who traders will be looking to for clues over future monetary policy decisions.developments and news of further trade talks between the U.S. and China, which resumed Tuesday.On the data front, there will be new durable goods numbers at 8:30 a.m.

The Treasury is due to auction $22 billion in two-year floating rate notes and $51 billion in 5-year notes.

 

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Stocks are definitely not losing any momemtum, whatsoever!🙄

Liberal Logic....They are angry about what their cops trained by their programs did to their people so they destroy their cities and hope Trump will get the blame.

LFG 95% dry powder

😂😂😂, its comical indices are up only +0.10% and CNBC already writing that stocks are losing some momentum

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