scorecardresearchYields up with $ as Fed officials signal more hikes; Asian stocks firm

Yields up with $ as Fed officials signal more hikes; Asian stocks firm

Updated: 03 Aug 2022, 07:43 AM IST
TL;DR.
Yields were also helped as demand for the safest assets retreated following U.S. House Speaker Nancy Pelosi's safe arrival in Taiwan, despite threats of action from China, which views the island as a breakaway province. The safe-haven yen continued its slide.
Traders work on the floor during the opening bell on the New York Stock Exchange June 15, 2022 in New York. - The US Federal Reserve is poised to raise borrowing costs June 15 amid the troubling acceleration of inflation. (Photo by TIMOTHY A. CLARY / AFP)

Traders work on the floor during the opening bell on the New York Stock Exchange June 15, 2022 in New York. - The US Federal Reserve is poised to raise borrowing costs June 15 amid the troubling acceleration of inflation. (Photo by TIMOTHY A. CLARY / AFP)