10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal Reserve policymakers. The 10-year Treasury yield traded nearly 2 basis points higher at 4.469%, while the yield on the 2-year Treasury rose around 2 basis points to 4.301%.
Fed Chair Powell delivers blunt message on interest rate cuts
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to appoint Pete Hegseth as secretary of Defense on Wednesday. “Pete served 20 years. He was awarded the Bronze Star twice in Iraq and Afghanistan. He’s somebody that I got to know when he was running Concerned…
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
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