Treasury yields have pulled back from multi-month highs reached last week, offering relief to risk assets ahead of Fed chair Jerome Powell's speech. Reports godbole17.
Bitcoin has been trading dead flat since falling by 5% early Friday. Analysts now look to Treasuries, or the U.S. government bonds, for fresh directional cues.
Yields, however, have pulled back slightly from the multi-month highs seen last week, offering relief to risk assets. "Adding to the positive momentum, the Fed speak this past week has been somewhat balanced. Whilst maintaining the hawkish mantra that they stand ready to keep raising rates should data not show inflation clearly heading back to target, there’s also been a little more caution relative to recent market pricing," David Brickell, director of institutional sales at crypto liquidity network Paradigm, said in the March 7 edition of Macro Pulse newsletter.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields fall as investors prepare for key economic data, Fed Chair Powell commentsU.S. Treasury yields fell on Monday as investors looked ahead to key data releases and comments from Federal Reserve Chairman Jerome Powell due this week.
Read more »
Wall St pares gains, Treasury yields turn higher ahead of Powell testimony By Reuters⚠️BREAKING: *WALL ST ENDS MIXED AHEAD OF POWELL TESTIMONY - $DIA $SPY $QQQ $IWM $VIX
Read more »
Treasury yields fall as investors anticipate Fed Chair Powell’s remarksU.S. Treasury yields declined on Tuesday as investors awaited fresh comments on the outlook for the economy and monetary policy from Fed Chair Jerome Powell.
Read more »
Treasury yields tick lower ahead of Powell testimonyBond yields dip as traders wait to see whether Fed Chairman Jay Powell gives any fresh clues about the trajectory of monetary policy in Congress on Tuesday
Read more »
USD/JPY traces sluggish yields below 136.00, Fed’s Powell, BoJ’s Kuroda in the spotlightUSD/JPY retreats to 135.80 as it reverses the bounce off intraday low amid a sluggish start to the key week. The Yen pair trader’s cautious mood ahead
Read more »
Gold Price Forecast: XAU/USD eases from near $1,860 despite weaker Treasury bond yieldsGold price is struggling to regain upside traction despite falling Treasury bond yields. US Dollar drops amid repositioning ahead of Federal Reserve
Read more »