Treasury Yields Fall After PCE Inflation Data Meet Expectations
US government bond yields extended their retreat from the highest levels since November after an in-line reading of the Federal Reserve’s preferred gauge of inflation.
US government bond yields extended their retreat from the highest levels since November after an in-line reading of the Federal Reserve’s preferred gauge of inflation.
Here are five things you need to know this morning.
A cause celebre is ringing out across Harvard Yard, Columbia’s South Lawn, Yale’s Beinecke Plaza and UC Berkeley’s Sproul Plaza: Disclose and divest.
The yen fell to a fresh 34-year low against the dollar after Bank of Japan Governor Kazuo Ueda indicated monetary policy will stay easy, heightening speculation authorities may intervene in the market as soon as today to stop the currency’s decline.
The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures that are likely to delay any interest-rate cuts.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}