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 »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 »Senate Democrats reach a deal to increase unemployment insurance
Senate Democrats on Friday evening struck a deal to increase unemployment insurance in President Biden’s $ 1.9 trillion Covid-19 relief package, which, according to a Senate aide, suspended other proceedings for about nine hours. Why it’s important: The Senate may now resume voting on other amendments to the Comprehensive Defense …
Read More »Trump signed a two-day funding bill to avoid a government shutdown
President Trump signed an ongoing resolution late Friday night that would fund the federal government by Dec. 21 and temporarily avoid the closure. Why it’s important: The 48-hour stopgap law will give legislators over the weekend to settle outstanding issues, including a 900 900 billion coronavirus relief package and a …
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