Stocks Gain as Treasury Yield Hits 3% After Powell: Markets Wrap - Bloomberg
Bloomberg |
Stocks Gain as Treasury Yield Hits 3% After Powell: Markets Wrap
Bloomberg Benchmark Treasury yields fell below 3 percent for the first time since September and stocks climbed in Europe and Asia after a dovish tone from the Federal Reserve chairman boosted markets ahead of this weekend's G-20 gathering. The dollar edged lower. The Fed's Welcome Rethink Did Fed's Powell 'light the fuse' for a year-end stock-market rally? Dollar down, most Asia stocks up as Trump-Xi talks loom |
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