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Stocks Decline Before Fed; Treasuries Steady: Markets Wrap
Hong Kong and Australia saw modest declines and Japan was flat. A rally in U.S. stocks Tuesday fizzled by the close amid concern China is pushing back on American trade demands. Two-year Treasury yields remain below the top of the Fed’s policy target range amid expectations of a dovish tone from the central bank, while the dollar ticked higher.
https://finance.yahoo.com/news/asian-stocks-set-muted-start-214744289.html?.tsrc=rss
Hong Kong and Australia saw modest declines and Japan was flat. A rally in U.S. stocks Tuesday fizzled by the close amid concern China is pushing back on American trade demands. Two-year Treasury yields remain below the top of the Fed’s policy target range amid expectations of a dovish tone from the central bank, while the dollar ticked higher.
https://finance.yahoo.com/news/asian-stocks-set-muted-start-214744289.html?.tsrc=rss
