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Gold prices steadied near two-week highs on Friday and was headed for their best week in six as U.S. Treasury yields backed off highs ahead of speeches by top central bankers including Fed Chair... -Today at 09:46 pm- MarketScreener
European Central Bank President Christine Lagarde and U.S. Federal Reserve's Powell are expected to speak later in the day at the annual economic symposium in Jackson Hole, Wyoming.
Bonds gave back a bit less than half of Friday's gains in the overnight session with most of the losses seen after the start of European trading.  That said, there wasn't any clear connection between data/events and the selling.  It began right after the EU open and accelerated into 6am ET, pulling Treasuries along for the ride.  Two Fed speakers were out over the weekend commenting on the prospects for additional rate hikes.  We have to wonder how much the market cares about such things given the fact that longer term yields ...
It was a bit of a mess last week on financial markets. We had Apple and Amazon results, US labor market macro stats, a US credit rating downgrade, and conflicting comments from a few central...
(This story has not been edited by THE WEEK and is auto-generated from a PTI