NewsFeeder
03-27-2019, 02:23 PM
Stocks Decline as Treasuries Rally; Pound Climbs: Markets Wrap
Stocks declined as bonds rallied after traders turned their focus to a worrying economic outlook. Treasury 10-year yields fell to the lowest since December 2017, and rates on benchmark German bunds sank further below zero after European Central Bank President Mario Draghi said an accommodative stance is still needed. The pound climbed as prominent Brexiteer Boris Johnson was said to switch sides and back U.K. Prime Minister Theresa May’s deal.
https://finance.yahoo.com/news/asia-stocks-set-rise-treasury-214713974.html?.tsrc=rss
Stocks declined as bonds rallied after traders turned their focus to a worrying economic outlook. Treasury 10-year yields fell to the lowest since December 2017, and rates on benchmark German bunds sank further below zero after European Central Bank President Mario Draghi said an accommodative stance is still needed. The pound climbed as prominent Brexiteer Boris Johnson was said to switch sides and back U.K. Prime Minister Theresa May’s deal.
https://finance.yahoo.com/news/asia-stocks-set-rise-treasury-214713974.html?.tsrc=rss