Posts in tag
shortterm
U.S. Short-Term Treasury Yields Go Negative By Investing.com
© Reuters. Investing.com – Yields on two short-term bonds turned negative Wednesday, as demand for safer assets continued. The yielded -0.013%, while the yielded 0.036%, according to Investing.com data. Negative yields aren’t too surprising as money continues to flow into Treasuries and with the Federal Reserve fed funds rate at 0% to 0.25%. President Donald …
Fed’s Powell warns against ‘short-term political interests’
Federal Reserve Chairman Jerome Powell stressed the central bank’s independence in a speech Tuesday that comes amid continuous pressure from the White House to cut interest rates. He spoke during a event at the Council on Foreign Relations in New York that investors were watching closely for clues about the direction of monetary policy. His …