Read more at MarketWatch.
Treasury yields end lower for first time in three sessions as Fed chair cites improving pace of inflation
Date: |
Sort by
Filter
Date
-
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
CNBC - Business
10-year Treasury yield tumbles after weak economic data
The benchmark 10-year yield, used to price everything from mortgages to credit cards, slipped for another session. -
NBC News - Top stories
Fed says inflation is moving in the right direction
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.Federal Reserve -
Financial Times - World
Fed officials wanted ‘greater confidence’ that US inflation was cooling
Minutes of June meeting showed some officials were concerned about effect of high rates on job marketFederal Reserve -
The Hill - Politics
Will the Fed hit its inflation target by 2025? Don’t bet on it.
Treasury Secretary Janet Yellen expressed optimism that the Federal Reserve Board's 2 percent inflation target might be achieved by 2025, but other forecast groups show a less optimistic outlook, with inflation expected to remain above 2 percent ...Federal Reserve -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
CNBC - Business
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.Federal Reserve -
Financial Times - World
Indonesia’s Prabowo sparks spending concerns with $28bn free school meals plan
Incoming president considers enlarged government and increased borrowing in break with predecessor Widodo -
Financial Times - World
FirstFT: Democratic governors back Biden
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test resultJoe Biden -
Financial Times - World
Belarus opposition calls for Brussels to protect stateless exiles
Also in this newsletter: How mafia organisations are infiltrating local governments in Italy
More from MarketWatch
-
MarketWatch - Business
Without Joey Chestnut, the July 4 Nathan’s hot-dog-eating competition could be an actual contest
“This event is bigger than any one eater,” an event spokesperson said. -
MarketWatch - Business
In 99% of the U.S., homes became less affordable this year. Here are the 7 places where they didn’t.
Housing prices have hit a new high, making it tougher for prospective buyers to afford a home in most places in the U.S., Attom Data Solutions said in a new report. -
MarketWatch - Business
Smith & Nephew shares surge as activist Cevian Capital reveals 5% stake
Shares in Smith & Nephew increased 7% on Cevian’s disclosure that it had built up a 5% stake -
MarketWatch - Business
Is it ‘Joe-ver’ for Biden? It could be donors’ call.
Democrats need money to keep campaigning through the November election. That means donors have the power to force the party’s hand now. -
MarketWatch - Business
How Kamala Harris’s policies could differ from Biden’s, if she’s the Democratic nominee
If President Joe Biden were to bow out of the White House race, Vice President Kamala Harris is widely viewed as mostly likely to take his place as the Democratic nominee. So what would her policy proposals look like?Joe Biden