U.S. Stocks Open Lower, Bond Yields Stabilize After Hawkish Powell Comments - The Wall Street Journal
4/22/2022 12:00:00 AM3 yearsago
by Caitlin McCabe
by Caitlin McCabe
Selloff in government bonds calmed Friday, with yield on benchmark 10-year Treasury note hovering near multiyear high
U.S. stocks fell and a selloff in government bonds stabilized Friday, after the latest sign that the Federal Reserve will tighten monetary policy aggressively to fight inflation. The S&P 500 fe… [+280 chars]
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