Stocks rally late, 10-year US Treasury yield touches 3-year high

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Wall Street stocks reverse early declines to end higher on Thursday, April 7.

NEW YORK, USA – Stock indexes mostly rose on Thursday, April 7, as investors snapped up beaten-down shares, while the US dollar climbed to its highest in nearly two years and the US Treasury 10-year yield touched a three-year high following hawkish signals from the Federal Reserve.Helping to boost the S&P 500, Pfizer jumped 4.

Saint Louis Fed president James Bullard, a voter this year on the Federal Open Market Committee, said the Fed remains behind in its fight against inflation despite increases in mortgage rates and government bond yields. A day earlier, minutes released from the Fed’s March meeting suggested the US central bank’s balance sheet reduction could start next month.

In Treasuries, the 2 year-10 year spread widened as traders sharpened their focus on the pace and scope of the Fed’s plans to reduce its balance sheet.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks fall on Fed official’s hawkish comments - BusinessWorld OnlineThe benchmark Philippine Stock Exchange index (PSEi) dropped by 46.81 points or 0.65% to close at 7,109.26 on Wednesday, while the broader all shares went down by 16.94 points or 0.44% to 3,780.49. READ:
Источник: bworldph - 🏆 9. / 68 Прочитайте больше »