Key Points
NEW YORK/LONDON (Reuters) U.S. Treasury yields fell further and a gauge of global equity markets tried to rebound on Thursday as investors took the long view that interest cuts by the Federal Reserve and other central banks were still coming, though not as quickly as expected...
Investors bid up bond prices, which move inversely to their yield, after Fed Chair Jerome Powell on Wednesday pushed back on market speculation that rates would be cut in March, sparking a sell-off on Wall Street and a dollar rally...
MSCIs all-country world index, a measure of equity performance in 47 countries, seesawed as Wall Street shrugged off the prior days slump and expected strong earnings and megacap results after the bell...
The dollar fell against the euro and yen, while sterling rebounded from a Bank of England meeting in which it said more evidence of slowing inflation was needed before it would cut rates...
Euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Banks argument that rate cuts should not be rushed...
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