Treasury

10-year Treasury yield continues to fall after Fed's 'great turnaround'

The 10-year Treasury yield fell further on Monday as the last full trading week of 2023 begins. Traders continue to digest the Federal Reserve’s unexpectedly dovish tone last week. The central bank kept its key interest rate stable and said policymakers planned at least three rate cuts next year – a more aggressive series of … [Read more…]

Wall Street booms, fueled by technology, while Treasury keeps calm

Nasdaq records biggest daily jump since May 26th All sectors of the S&P 500 close higher Investors are looking forward to next week’s CPI Illumina defaults due to annual profit forecast cut Indices rise: Dow 1.15%, S&P 1.56%, Nasdaq 2.05% Nov 10 (Portal) – Major Wall Street indexes ended with big gains on Friday, led … [Read more…]