The yield on the 10-year Treasury fell again. That was even though a report on wholesale inflation came in hotter than expected. Economists said it may not be enough to force the Federal Reserve to raise its main interest rate again. Oil prices also continued to pull back from their spurt earlier this week.NEW YORK — U.S. stocks are drifting Wednesday as yields are mixed in the bond market, which has been Wall Street's main driver recently.
But the two-year Treasury yield, which moves more closely with expectations for the Fed, ticked up to 5.00% from 4.97%. Minutes from the Fed's meeting last month suggested officials see the outlook for the U.S. economy as particularly uncertain. They said they were ready to “proceed carefully” in deciding what to do next with rates.
They see U.S. rates stopping their climb following clearer signs that high rates are becoming “sufficiently restrictive” to the economy. That could show itself through a moderating U.S. economy, struggles for stocks and other risky investments and a shift in commentary by Fed officials.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Stock market today: Wall Street points higher on hints that interest rate hikes may abateWall Street is following global markets higher before Tuesday's opening bell on some potentially encouraging news about interest rates, which have been dragging markets lower since the summer.
Källa: CTVNationalNews - 🏆 82. / 51 Läs mer »
Stock market today: Wall Street rallies as pressure relaxes from the bond marketU.S. stocks are rallying Tuesday as pressure on Wall Street from the bond market comes off the boil.
Källa: CTVNews - 🏆 1. / 99 Läs mer »
Stock market today: Wall Street rises as pressure relaxes from the bond marketNEW YORK (AP) — Stocks closed higher as pressure relaxed on Wall Street from the bond market. The S&P 500 rose 0.5% Tuesday. The Dow added 134 points, and the Nasdaq composite climbed 0.6%.
Källa: SooToday - 🏆 8. / 85 Läs mer »
Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higherBANGKOK (AP) — Shares advanced Wednesday in Asia, tracking Wall Street gains following an easing of pressure from the bond market. U.S. futures slipped and...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsNEW YORK (AP) — Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day. The 249-year-old German...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsNEW YORK (AP) — Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
Källa: SooToday - 🏆 8. / 85 Läs mer »