Dollar, Treasury Yields Retreat; Stocks Climb: Markets Wrap
Dollar, Treasury Yields Retreat; Stocks Climb: Markets Wrap Bloomberg 1/13/2021 Adam Haigh (Bloomberg) -- The dollar held losses and Treasury yields continued their retreat from a 10-month high as traders weighed the appetite for bonds and the latest comments from Federal Reserve officials on asset purchases. S&P 500 contracts edged higher and European futures were little changed. Asian stocks headed toward another record high. Ten-year Treasury yields fell to just above 1.10% after solid interest in a government auction on Tuesday. Two Fed officials also pushed back against...