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Dow jumps 580 points, Treasury yields and oil prices ease as Fed governor signals no rate hike
Source: nypost.com
Monetary PolicyInterest Rates & YieldsEnergy Markets & Prices
Stocks jumped Thursday as a Fed governor indicated a preference to keep interest rates flat, reducing the odds of a rate hike later this month. The move coincided with Treasury yields and oil prices both dipping, reinforcing a near-term dovish tilt in rate expectations.
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