Stocks Glide Higher Again as Treasury Yields Ease
- 6 years ago
Stocks Glide Higher Again as Treasury Yields Ease
RATE WATCH: A jump in interest rates was what triggered the sell-off for stock markets around the world last month.
NEW YORK — Stocks climbed again on Monday as markets around the world continue to claw back from their sharp tumble last month.
The two-year yield, which is influenced more by expectations of movement by the Fed, fell to 2.22 percent from 2.27 percent.
Investors will dissect it immediately for clues on how aggressive the Fed will be in raising interest rates to forestall inflation.
The 30-year yield, which is influenced more by expectations for inflation, sank to 3.13 percent from 3.16 percent.
RATE WATCH: A jump in interest rates was what triggered the sell-off for stock markets around the world last month.
NEW YORK — Stocks climbed again on Monday as markets around the world continue to claw back from their sharp tumble last month.
The two-year yield, which is influenced more by expectations of movement by the Fed, fell to 2.22 percent from 2.27 percent.
Investors will dissect it immediately for clues on how aggressive the Fed will be in raising interest rates to forestall inflation.
The 30-year yield, which is influenced more by expectations for inflation, sank to 3.13 percent from 3.16 percent.