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 »Turkish lira sinks after Erdogan head of central-bank
Following the sudden ouster of the central-bank governor last week, Turkey’s currency fell nearly 8% on Monday, setting the course for its biggest single-day selloff since 2018. According to Factset, the lira touched a low of 2 8,280 compared to 2 7,219. Turkish stock also sank. The uproar erupted after …
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 »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 …
Read More »Show minutes Adjusting the Fed’s weight by buying adjusted bonds to provide more support to the economy ‘very soon’
During a meeting earlier this month, Federal Reserve officials took part in an extensive discussion of their asset purchase program, with some members saying they expected to implement several changes. The Fed released a few minutes from its November 4-5 policy meeting on Wednesday. Officials at that meeting voted to …
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