Yields fall and stocks rally after Fed Waller turns dovish
Markets rallied as bond yields fell following comments from Federal Reserve Governor Christopher Waller indicating the Fed could remain patient on raising interest rates. The Japanese yen jumped 2% versus the U.S. dollar.
By Caroline Valetkevitch and Amanda CooperStock markets rallied while bond yields fell on Thursday as comments from Federal Reserve Governor Christopher Waller signaled a willingness to remain patient on raising interest rates.The Japanese yen jumped by 2% against the U.S. dollar FX_IDC:USDJPY as t…