Long-Term Yields Rise, Short Fall as Fed Chair Tones Down Rate-Hiking Policy

This article was originally published on ETFTrends.com.

Benchmark long-term Treasury yields rose while short-term yields fell as investors were hanging on every word of Federal Reserve Chairman Jerome Powell’s speech at the Economic Club of New York on Wednesday when Powell said that rates are “just below neutral,” signaling a less aggressive rate-hiking policy moving forward. The benchmark 10-year note went to [...]

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