Treasury yields climbed on Monday as markets scanned Federal Reserve speaker remarks for hints about the central bank’s policy plans.
Both had plummeted on Thursday, dropping by around 30 and 32 basis points respectively.Investors are closely watching remarks from Federal Reserve speakers for clues about the central bank's policy plans.
Speaking at a conference in Sydney on Monday, Fed Governor Christopher Waller said that while the central bank would consider slowing interest rate hikes, there's still "a ways to go" before hikes can be paused. The central bank has been hiking interest rates to fight persistently high inflation. However, many investors fear that the pace of the hikes is leading the U.S. economy into a recession.
Inflation data released on Thursday showed that consumer prices had risen by less than expected in October. Traders broadly saw this as a sign of inflationary pressures easing and hoped this would prompt a changed in Federal Reserve policy.Markets will gain further insight into whether inflation is cooling off on Tuesday, when producer price index data is due.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Treasury Secretary Janet Yellen says crypto must be regulated after FTX collapseThe collapse of cryptocurrency exchange FTX is proof digital assets markets need “very careful regulation,” US Treasury Secretary Janet Yellen said.
Leer más »
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud – Regulation Bitcoin NewsFormer Treasury Secretary Lawrence Summers compares crypto exchange FTX's collapse to Enron, noting that the case is a classic fraud.
Leer más »
US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation – Regulation Bitcoin NewsU.S. Treasury Secretary Janet Yellen discussed crypto regulation with Indian Finance Minister Nirmala Sitharaman during her official visit to India. cryptocurrency
Leer más »
US Treasury Secretary Janet Yellen to meet China central bank staffUS Treasury Secretary Janet Yellen has crossed the wires, earlier saying that she will seek clarity on China's plans to ease its COVID-19 restrictions
Leer más »
Darius Slay under Monday night lights | Sports Daily NewsletterDaily News | Darius Slay under Monday night lights | Sports Daily Newsletter
Leer más »
All the best designer sales to shop before Cyber MondayThe best designer Black Friday sales to shop this week
Leer más »