U.S. Treasury yields slipped Tuesday amid speculation about the leadership of the Federal Reserve, while stocks were mixed as a global equity rally paused.
Treasuries rose, with shorter-maturities leading gains, following a report that Fed Governor Lael Brainard was interviewed for the central bank’s top job. Some commentators see a more dovish Fed under Brainard. Meanwhile, the yield on 30-year Treasury inflation-protected securities slid to a record low, a sign of ongoing concerns about inflation risks in the global economy.
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November 09, 2021 at 05:32AM
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Stock Market Today: Dow, S&P Live Updates for Nov. 9, 2021 - Bloomberg
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