onse to the dovish remarks made by Federal Reserve officials regarding interest rates. Treasury yields fell, and the S&P 500 rebounded, erasing earlier losses after Federal Reserve Vice Chair Philip Jefferson's statements suggested a cautious approach to future rate hikes in light of recent increases in Treasury yields. Additionally, Federal Reserve Bank of Dallas President Lorie Logan noted that the recent surge in long-term U.S.
And this was very much suggested in Friday'spost-NFP tea leaves,so now we have the official follow-up.
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