Bonds Fall, Stocks Drop Ahead of Powell Testimony: Markets Wrap - Yahoo Finance

in #crypto5 years ago

Bonds Fall, Stocks Drop Ahead of Powell Testimony: Markets Wrap - Yahoo Finance

https://s.yimg.com/uu/api/res/1.2/kXMyLmwC2piDsm2x9Yr5BA--~B/aD02NzU7dz0xMjAwO3NtPTE7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/bloomberg_markets_842/2c4ef82c8da2802a3f42cae2502533dc

Click here to read source article from Yahoo.com

Summary

(Bloomberg) -- U.S. Treasuries fell along with European government bonds and stocks as investors scaled back bets on the extent of Federal Reserve easing before testimony by Chairman Jerome Powell. Crude oil gained.The yield on 10-year Treasuries moved above …

My Thoughts

I found this article to be a great read. It might not be the best representation but it does hold a lot of truths. Bitcoin and crypto have a bright future and I am excited to see where it leads.

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