DOLLAR GAINS AS BOND YIELDS RISE, FED SIGNALS POLICY CAUTION
The US dollar advanced against major global currencies, with 10-year Treasury yields rising to 4.5% as markets reopened after the Presidents’ Day holiday. Investors assessed remarks from Federal Reserve Governor Christopher Waller, who emphasized that policymakers are in no rush to cut interest rates without clearer signs of inflation cooling. Waller suggested that if price […]
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