NEW YORK, – A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since mid-June, […]
Federal Reserve Chairman Jerome Powell
On Friday, the 30-share BSE Sensex closed at 73,878.15 level, down 732.96 points, or 0.98%. The NSE Nifty 50 ended at 22,475.85, down 172.35 points, or 0.76%. Analysts said that sentiment, fundamentals, and overbought technical situations were in conflict. Excessive optimism, overbought technical conditions, and the revelation that FIIs were […]