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Yields slide as Fed tones down hawkish talk, stocks shrug off ME flareup

Yields slide as Fed tones down hawkish talk, stocks shrug off ME flareup

Global Market Insights - Forex, Futures, Stocks

October 10, 20234m 43s

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Higher yields prompt a rethink at the Fed as policymakers turn cautious. But less hawkish tone pushes yields lower, boosting equities. Ongoing tension in Middle East further pressure yields, keep gold supported. Oil slips slightly while dollar braces for more Fed speak, CPI data.

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