While the reaction in Treasuries was more subdued, money markets continued to price in a high likelihood of two Fed reductions before the year is over…
(Bloomberg) — Wall Street saw a relief rally as cooler-than-estimated inflation reinforced trader conviction on Federal Reserve interest-rate cuts. Stocks extended their October advance, with the S… [+12570 chars]
Read more: https://finance.yahoo.com/news/asia-join-global-equity-rally-231917469.html
Source: Yahoo Entertainment
