U.S. government debt prices fell on Friday morning amid rising coronavirus cases and ahead of consumer sentiment data.
The latest opinion polls suggest that Joe Biden is still theTraders are likely to follow speeches by the St. Louis Fed President James Bullard at 10 a.m.
ET, Atlanta Fed President Raphael Bostic at 12 p.m. ET, and Minneapolis Fed President Neel Kashkari at 2 p.m. ET.On the data front, there will be current account balance numbers at 8:30 a.m. ET, followed by consumer sentiment figures at 10 a.m. ET.
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Treasury yields retreat as caution over recovery remains despite Fed supportU.S. government debt prices were higher Thursday morning, as investors remained hesitant despite the Federal Reserve's pledge not to hike interest rates until 2023.
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Fed defends 'pedal to the metal' policy and is not fearful of asset bubbles aheadOne key investor takeaway from Federal Reserve Chair Jerome Powell's press conference on Wednesday: This central bank is not going to break a sweat fretting about future asset bubbles.
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Dow jumps 200 points ahead of Fed announcement, Goldman up 2%The Dow Jones Industrial Average and S&P 500 were higher as traders awaited the Federal Reserve's latest decision on monetary policy.
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Fed defends 'pedal to the metal' policy and is not fearful of asset bubbles aheadOne key investor takeaway from Federal Reserve Chair Jerome Powell's press conference on Wednesday: This central bank is not going to break a sweat fretting about future asset bubbles.
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Fed expected to raise economic forecasts, extend vow to keep rates lowThe Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier economic forecasts but a renewed pledge to keep interest rates low for as long as the world's biggest economy needs to recover from its deepest downturn in decades.
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Here’s what changed in the new Fed statementThis is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting in July.
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