Rising bond yields spook world shares as investors look to Powell
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/wall-street-slumps-on/"></div>NEW YORK (Reuters) – Wall Street slumped on Thursday and global stock markets declined after U.S. Federal Reserve Chair Jerome Powell repeated his pledge to keep credit flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the pandemic passes. Benchmarket U.S. Treasury yields rose […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Se...
Source: metro.us
