U.S. Treasury yields rose on Thursday, with the 10-year Treasury extending its latest multiyear high as investors awaited remarks from Fed Chair Jerome Powell.
U.S. Treasury yields rose on Thursday, with the 10-year Treasury reaching a fresh multiyear high as investors awaited remarks from Federal Reserve Chairman Jerome Powell.was up by 6 basis points at 4.962%. It had risen as high as 4.971% earlier in the session, trading at levels last seen in 2007 afterPowell is expected to echo comments from other Fed officials who have indicated that rates will likely remain elevated for longer than previously expected.
That comes as multiple central bank speakers have suggested that rates may not need to be hiked further and keeping them at their current level would be sufficient to achieve the Fed's goals of easing inflation and cooling the economy. Some policymakers have cited tighter financial conditions brought on by surging Treasury yields as a contributing factor.
Fresh economic data will be released Thursday, when weekly initial jobless claims and September's existing home sales figures are due.Fed's Waller says officials can 'wait, watch and see' before acting again
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
10-year Treasury extends multiyear high ahead of Fed Chair Powell speechU.S. Treasury yields rose on Thursday, with the 10-year Treasury extending its latest multiyear high as investors awaited remarks from Fed Chair Jerome Powell.
Leer más »
10-year Treasury extends multiyear high ahead of Fed Chair Powell speechU.S. Treasury yields rose on Thursday, with the 10-year Treasury extending its latest multiyear high as investors awaited remarks from Fed Chair Jerome Powell.
Leer más »
Stock futures tick higher as traders look ahead to key Fed Chair Powell speech: Live updatesNetflix shares popped in after-hours trading Wednesday evening.
Leer más »
Stock futures tick higher as traders look ahead to key Fed Chair Powell speech: Live updatesNetflix shares popped in after-hours trading Wednesday evening.
Leer más »
Fed Chair Powell to deliver key speech Thursday: Here's what to expectFederal Reserve Chair Jerome Powell is set to deliver what could be a key policy address Thursday.
Leer más »
Fed Chair Powell to deliver key speech Thursday: Here's what to expectFederal Reserve Chair Jerome Powell is set to deliver what could be a key policy address Thursday.
Leer más »