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RATE / Dollar Recovers, Fed Rate Hike Bets And Treasury Yields Rise As New York Manufacturing Activity Sharply Improves in April - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP)

Dollar Recovers, Fed Rate Hike Bets And Treasury Yields Rise As New York Manufacturing Activity Sharply Improves in April - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP)
The U.S. dollar and Treasury bond yields are rebounding aggressively on Monday (April 17), as investors fear that a lack of recessionary threats will force the Federal Reserve to keep monetary conditions tight for an extended period of time. This follows the latest better-than-expected readings in the New York Empire State Manufacturing survey and University of Michigan Consumer Sentiment index. Read More
Posted: Apr 17 2023, 12:07
Author Name: Benzinga
Views: 110877

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