“The 10-year US Treasury yield is returning to the consistent level since the 6 months before the pandemic, it is still a fairly low yield level,” he said on Friday. St. Louis Fed Chairman James Bullard, Reuters reported.
Key statements
“We still need a lot of repairs in the job market.”
“We can’t really talk about specific levels of performance without the surrounding data context, so it’s difficult to draw a line in the sand at a particular level.”
Market reaction
The dollar continues to outperform its rivals after these comments and the US dollar index was last seen gaining 0.4% on the day at 92.00.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
