US 10-year Treasury yield eased back notably overnight following Fed’s decision to keep interest rates steady. Chair Jerome Powell’s balanced commentary offered a calm counterpoint to the election-fueled rally in yields seen earlier this week. During the press conference, Powell downplayed the immediate impact of the election on monetary policy, stating that it “will have […]
The post US 10-yr yield retreats after Fed holds rates steady; Powell highlights fiscal risks appeared first on Action Forex.
