Bond yields were down a touch on Monday, after a week in which short-term yields moved higher while longer-term securities took a breather.
Bond yields were down a touch on Monday, after a week in which short-term yields moved higher, while longer-term securities took a breather.
What’s driving markets Federal Reserve Chair Jerome Powell on Friday suggested the central bank might have to raise interest rates further if economic data continued to strengthen more than expected. “U.S. data suggest that the economy remains strong and worries about the weakness in soft data and the adverse effects of the recent tightening of financial conditions are likely overdone,” they say.
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