Long-term Treasuries yields stabilize near their two-month high after Powell articulated new Fed framework – MarketWatch

Long-term Treasuries yields stabilize near their two-month high after Powell articulated new Fed framework – MarketWatch

Long-term U.S. Treasury yields fell on Friday as investors dealt with data on the health of the economy following the Federal Reserve’s historic change in its monetary policy framework a day earlier.

On Thursday, Fed Chairman Jerome Powell said the central bank would target an average annual inflation rate of 2%, changing long-standing policy that is likely to have lasting impacts on financial…

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