Following remarks prepared by Federal Reserve Chairman Jerome Powell for a congressional hearing, U.S. Treasury revenues fell, in which he warned that economic reform was “far from complete.” Yields on the benchmark 10-year Treasury note fell 1.645% at 5:30 p.m. Yields on 30-year Treasury bonds are down 2.346%. Yield moves …
Read More »Asia-Pacific stocks gained ground after a rally
SINGAPORE – Shares of Asia-Pacific were mixed in Tuesday’s trade, with Chinese search giant Baidu entering Hong Kong. In Japan, the Nikkei 225 peaked at 0.53% while the Topix index rose 0.33%. South Korea’s Kospi slipped a fraction. Mainland Chinese stocks fell 0.21% in the Shanghai Composite while the Shenzhen …
Read More »The 10-year Treasury yield is at a new high before the Fed’s decision
The 10-year-old U.S. leader was speaking ahead of a press conference with Federal Reserve Chairman Jerome Powell at the central bank’s two-day policy meeting. Treasury yields peaked at 1.64% early Wednesday morning. Yield on the benchmark 10-year Treasury note rose 1.644% at 6 a.m. ET. Yields on 30-year Treasury bonds …
Read More »Weekly employment claims increased by 712,000 compared to the 1. 1.9 trillion Covid Relief Bill
Weekly unemployment claims rose less than expected last week, but remained above pre-epidemic levels, as U.S. The economy sought to offset the effects of the Covid-1, and those waiting to see if President Joe Biden’s $ 1.9 trillion stimulus law would become law. For the first time in the week …
Read More »Treasury yields increase after the stimulus package is passed by the Senate
The 10-year-old U.S. man died Monday morning after the Senate passed a $ 1.9 trillion coronavirus economic relief and stimulus bill on Saturday. Treasury yield reached 1.6%. Yield on the benchmark 10-year Treasury note reached 1.606% at 3.30am. Yields on 30-year Treasury bonds rose 2.311%. Yields continue to rise in …
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