U.S. Treasury yields continued to climb in early Friday trading, taking benchmark 10-year notes to a six week high and closer to the 3% threshold, as the cost of funding last year's Republican-led tax cuts continues to impact the world's biggest bond market.
Global stocks extended declines Thursday as emerging market equities teetered on the edge of bear market territory and investors braced for another potentially damaging escalation in the ongoing trade war between the U.S. and China.
Inflation is the rate at which the prices of goods and services rise. Why do those prices rise, what are the effects, and what happens if they rise too much?
From beaten-down currencies to U.S. Treasurys, it's always valuable to assess the prospects of various asset classes.
I don't believe Powell will go away from the Fed's message - slow rate hikes.