Market News Headlines

WRAPUP 2-Two Fed policymakers say bar for taper met, nod to next debates

A pair of Federal Reserve policymakers on Friday said they felt the U.S. economy is already in good enough shape for the central bank to begin to withdraw support for the economy, setting up for the next big Fed debates: when to raise interest rates and what to do with the Fed's massive balance sheet.

FOREX-Dollar climbs as Evergrande uncertainty percolates

The dollar rose on Friday and was poised for its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce back from a sharp decline in the prior session. China Evergrande Group owes $305 billion and has run short on cash, missing a Thursday deadline for paying $83.5 million and leaving i

TREASURIES-U.S. yields rise on potential rate hike in 2022

U.S. Treasury yields jumped again on Friday as a repricing of portfolios continues in the wake of the Federal Reserve's decision to soon begin tapering its massive bond purchases, a move that could lead to higher interest rates next year. The yield on 10-year Treasury notes rose 4.9 basis points to 1.456%, up from the closing yield of 1.304% on Wednesday when the initial reaction to the Fed's plans annou

Politics Video

Politics News