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The 2-year US Treasury yield slipped after New York Fed President John Williams said there was 'no urgency' for further action, while major stock indexes eased. US crude fell and the dollar firmed against the yen as investors awaited Wednesday's PCE inflation data.
Bond yields extended their rise, with the 30-year US Treasury bond reaching its highest level since June 2002. Major stock indexes eased, while oil fell and the euro and Australian dollar weakened.
() -- (Updates prices in the second and final paragraphs.) Gold traded lower Wednesday as renewed fighting between Iran and the U.S. boosted oil prices and the dollar, reviving inflation fears that weighed on the precious metal. Gold for August delivery was last seen down $80.90, or 2%, to $4,076.50 per ounce, the lowe
() -- Gold traded lower early Wednesday as renewed fighting between Iran and the U.S. boosted oil prices and the dollar, reviving inflation fears that weighed on the precious metal. Gold for August delivery was last seen up $76.10, or 1.8%, to $4,081.30 per ounce, the lowest since June 30. The drop follows renewed figh
US Ambassador to UN says Iran sanctions are not being lifted, only temporarily licensed while negotiations undergo
The US and Iran have agreed on a roadmap for a final deal within 60 days, including the establishment of a committee and a mechanism to end hostilities in Lebanon.
The US and Iran have agreed on a roadmap to reach a final deal within 60 days, including the establishment of a committee and a mechanism to end hostilities in Lebanon.