TREASURES – Yields surge as Powell boosts inflation expectations and Biden stimulus packages – Reuters

TREASURES – Yields surge as Powell boosts inflation expectations and Biden stimulus packages – Reuters

(Adds comments from Fed Chair Powell) By Herbert Lash NEW YORK, Jan 14 (Reuters) – Treasury yields rose on Thursday after dovish comments from Federal Reserve Chairman Jerome Powell boosted expectations for a jump in inflation, and before President-elect Joe Biden was to announce details of a new stimulus package. Powell said in a web […]
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