Stocks climb as bond yields retreat after Waller rate comments
Global bond yields retreated and stocks rose after Fed Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it.
By Caitlin McCabeStocks are climbing and global bond yields retreating after Fed Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it.The rally is broad, with all but two S&P 500 sectors in the green.
Consumer stocks are leading gains…