Saturday, November 9, 2024

Treasuries Set for Best Week in Two Months After Trump Whiplash

Date:


Treasuries are poised for their best week since early September after a volatile five days of trading dominated by Donald Trump’s victory in the presidential election.

Yields Friday further extended their retreat from multimonth highs reached on the election results. Short-dated tenors erased declines as several more Wall Street banks including Goldman Sachs Group Inc. forecast fewer Federal Reserve interest-rate cuts next year than previously.



Source link

Share post:

Popular

More like this
Related

Auto cos bet on ‘premium’ showrooms

NEW DELHI: To tap into the...

4 years after the giant Arecibo Observatory collapsed, we finally know what happened

What does the discovery of a binary pulsar...

Boom Supersonic’s XB-1 jet sets new speed record during 7th test flight

Boom Supersonic's XB-1 aircraft set a new speed...

A Star Disappeared in Andromeda, Replaced by a Black Hole

Massive stars about eight times more massive than...