Government bond yields fell and stocks rose on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
盘后总结
主要新闻
Analysts said the recent rise in Treasury yields partly reflected investor expectations that A.I.-driven growth could keep interest rates elevated.
U.S. Treasury Secretary Scott Bessent doubled down on his department’s intervention in the bond market, saying the Treasury could make additional moves and that its buybacks may be bigger than what was initially announced.
The Treasury Department’s plan for bond interventions has calmed markets. But Wall Street is worried about the fallout for inflation and more.
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
Bond markets remained volatile, as investors assessed the geopolitical turmoil.
Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy.
Oil moved higher Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran.
Treasury Secretary Scott Bessent is reinventing the government’s role in the world’s most important bond market.
Treasury Secretary Scott Bessent’s plan to calm markets is being short-circuited.
Blockbuster market debuts by two technology companies show how Beijing is turning to local investors to finance its A.I. ambitions and reduce reliance on Wall Street.
Yields on the 30-year U.S. Treasury and government bonds across the world rose to multiyear highs as investors fret about inflation, deficits and A.I. spending.