Investors could get a hint from Federal Reserve Chairman Jerome Powell next week about how aggressively the U.S. central bank will try to manage the long-term recovery from the coronavirus pandemic.
The market backdrop this time around could hardly be less dramatic. Spurred by Fed buying of assets, stocks have recovered their entire pandemic-related losses and are trading around record highs, while bond yields have been near record lows. Benchmark 10-year Treasury yields hit near record lows of 0.504per cent earlier this month, before backing up to 0.638per cent after a rash of Treasury supply.
The Fed is trying to spur inflation over the next several years in order to prevent a deflationary spiral as the global economy struggles to right itself from the COVID-19 shock.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
US: Wall Street subdued at open ahead of US business surveys[BENGALURU] US stocks opened little changed on Friday following the tech-heavy Nasdaq's all-time high in the previous session as focus shifted to business surveys for more cues on the economic recovery. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »
Wall Street inches higher after upbeat US business surveysU.S. stock index futures ticked lower on Friday, a day after the tech-heavy Nasdaq closed at a record high, as investors awaited U.S. business ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »
Asian stocks set to rise after Wall Street tech-driven rallyAsian equities were poised to rise on Friday after a tech-driven rally on Wall Street in which the Nasdaq hit a record high despite downbeat data ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »
Wall Street futures ease following Nasdaq's record close; business surveys on deckU.S. stock index futures ticked lower on Friday, a day after the tech-heavy Nasdaq closed at a record high, as investors awaited U.S. business ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »
Wall Street drifts higher after upbeat US business surveysU.S. stock index futures ticked lower on Friday, a day after the tech-heavy Nasdaq closed at a record high, as investors awaited U.S. business ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »