Stocks rise as Treasury yields fall after Waller backs steady Fed rates
Markets rallied after Fed governor Christopher Waller argued for keeping rates steady. Treasury yields fell on his comments, while the U.S. dollar slid as traders reset rate expectations.
MARKET WRAPSSTOCKS: Stocks rallied after a Federal Reserve governor laid out the case for keeping rates steady.TREASURYS: Treasury yields fell after comments from Fed governor Christopher Waller.FOREX: The U.S. dollar slid against rivals as traders reset rate expectations.COMMODITIES: Oil futures r…