Bonds regain defensive appeal despite vicious tumble
Investors tip-toe into government bonds as central banks tighten monetary policy to combat inflation, squeezing yields higher.
Stay updated with breaking news from Gary Pollack. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Investors tip-toe into government bonds as central banks tighten monetary policy to combat inflation, squeezing yields higher.
U.S. Federal Reserve rate decisions are typically a wait-and-see affair where it takes time for the markets to fully digest the Fed's comments.
Fed surprise pick could upset markets primed for Powell second term We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Vildana Hajric, Max Reyes and Liz Capo McCormick August 5, 2021 — 3.00am Normal text size Advertisement On Wall Street, investors are banking on another four years for Jerome Powell as chair of the Federal Reserve - introducing a potential risk for President Joe Biden should he opt to replace him. “My view is that he would be the right choice and I think that the financial markets also believe that he would be the right choice,” sai...
The Fed is currently buying around $120 billion in debt each month -- $80 billion of Treasuries and $40 billion of mortgage-backed securities. The central bank has said it will continue to do so until it has made “substantial further progress“ toward its employment and price goals.