U.S. yield curve flattens, stocks dip as rate views adjusted

The U.S. Treasury yield curve flattened to a two-and-a-half month low and world stock markets fell on Thursday as investors adjusted to indications from the U.S. Federal Reserve that it may raise interest rates a third time this year. Lingering worries over North Korea added to the weaker tone in U.S. stocks, with U.S. President Donald Trump ordering new sanctions. The Fed, as expected, also laid out plans to begin the unwinding of a decade of aggressive monetary stimulus, but took a more-hawkish-than-expected stance at this week's meeting.

https://finance.yahoo.com/news/dolla...html?.tsrc=rss