Waller comments lift stocks and pull Treasury yields lower
Fed Governor Christopher Waller said he is inclined to hold interest rates steady later this month, sparking a strong stock market rally, dragging bond yields lower and strengthening the Japanese yen.
By Jamie McGeeverRemarks from Fed Governor Christopher Waller that he is inclined to hold interest rates steady later this month sparked a strong stock market rally and dragged bond yields lower on Thursday, while the Japanese yen clocked its strongest New York trading day close since the U.S.-Iran…