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Dovish Fed lifts Wall Street, but can’t keep yields down

March 18, 2021 XM.com
Global Market Insights - Forex, Futures, Stocks
Dovish Fed lifts Wall Street, but can’t keep yields down
Show Notes

Fed maintains dovish rate path despite upping growth and inflation forecasts. Dow Jones and S&P 500 hit new records; Nasdaq rises too before futures slip. Dollar falls but then rebounds as 10-year Treasury yields resume climb. BoE decision up next, pound steady; yen see-saws on BoJ rumours

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