Fed likely to keep rates steady amid solid economy Weak demand for 20-year bonds at Treasury auction New orders for capital goods exceed expectations (Updates to New York afternoon) NEW YORK, Feb 18 (Reuters) – US Treasury yields rose on Wednesday as solid economic data reinforced expectations the Federal Reserve will keep rates on hold…
Gold and silver prices traded lower in the international markets on Thursday as a recovery in the US dollar and Treasury yields weighed on investor sentiment following stronger-than-expected US jobs data. The weakness in bullion prices was mirrored in the domestic market, with MCX gold and silver futures also trading lower. Robust US labor market…
By Gertrude Chavez-Dreyfuss NEW YORK, – US Treasury yields advanced on Wednesday, briefly extending earlier gains, after the Federal Reserve left interest rates steady, as widely expected, and noted that inflation remained elevated and the labor market continued to stabilize. The Fed held rates unchanged at the 3.50%-3.75% range following a two-day meeting. The Fed,…
