Treasury Yields Touch Fresh 52-Week Highs Amid Fed Tightening
U.S. Treasurys are off to a hot start in 2022 as some of the yields have climbed to fresh 52-week highs.
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U.S. Treasurys are off to a hot start in 2022 as some of the yields have climbed to fresh 52-week highs.
Gold had made modest gains lately, but it has recently been struggling to hold on to the $1800/oz price point despite increasing fears about inflation.
(Bloomberg) -- U.S. stocks fell and Treasury yields gained Friday after weak jobs data upended bets on the Federal Reserve’s policy plans. The S&P 500 and Nasdaq 100 declined in turbulent trading as data showed employers added far fewer jobs than anticipated last month. While the report is unlikely to deter the Fed from announcing cutbacks to its bond buying next month, it may remove pressure for the central bank to raise interest rates any time soon. “We don’t think this derails the Fed from tapering, and with labor markets still somewhat slack, tightening is still a long way away,” s...
(Bloomberg) -- U.S. stocks fell and Treasury yields gained Friday after weak jobs data upended bets on the Federal Reserve’s policy plans. The S&P 500 and Nasdaq 100 declined in turbulent trading as data showed employers added far fewer jobs than anticipated last month. While the report is unlikely to deter the Fed from announcing cutbacks to its bond buying next month, it may remove pressure for the central bank to raise interest rates any time soon. “We don’t think this derails the Fed from tapering, and with labor markets still somewhat slack, tightening is still a long way away,” s...
CUMBERLAND – Flooding at 304 Sneech Pond Road after heavy rain was so bad that Ray Barry and his wife Leann were forced to purchase more than $1,000 worth of