UPDATE 1-The bond market is watching the Fed’s ongoing assurances on purchases
UPDATE 1-The bond market is watching the Fed’s ongoing assurances on purchases
(Add Fed statement, quote, update prices) Jan. 27 (Reuters) – The US bond market will either wait on the Federal Reserve for assurances that it will maintain bond buying for the foreseeable future – or risk a disorderly rise in yields. Yields hit 10-month highs this month after Democrats gained effective control of the US […]
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