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Futures Rebound As Apple Soars To All Time High; Dovish Powell On Deck

Futures Rebound As Apple Soars To All Time High; Dovish Powell On Deck
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

Futures Jump To All Time Highs Ahead Of Fed Speaker, Econ Data Frenzy

Futures Jump To All Time Highs Ahead Of Fed Speaker, Econ Data Frenzy
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

In a Flash, U S Yields Hit 1 6%, Wreaking Havoc Across Markets

(Bloomberg) After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday growth and inflation are moving higher. The message wreaked havoc across risk assets.Benchmark 10-year Treasury yields catapulted to the highest in more than a year at over 1.6% and traders yanked forward their opinion of how soon the Federal Reserve will be forced to tighten policy. Equities tumbled, as higher borrowing costs put pressure on soaring valuations. Even Treasury Secretary Janet Yellen felt the sting, with record low demand for a fresh round of government debt.Speculation is building that a year of emergency stimulus is not only working, but has left some areas of the economy at risk of one day overheating. Locked in the same patterns for months by the Covid-19 crisis, markets now appear to have begun a long-awaited process of repricing themselves, as trillions of dollars of federal spending and positive vaccine results boost odds developed countries will heal fas

Treasury yields hit 1 6%, wreaking havoc in markets

Treasury yields hit 1 6%, wreaking havoc in markets
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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