Herb Lash

Mar 12, 2024 | today.westlaw.com | Gertrude Chave Dreyfuss |Alex Richardson |Herb Lash

NEW YORK (Reuters) - The U.S. dollar rose in choppy trading on Tuesday, after data showed hotter-than-expected inflation last month for the world's largest economy, slightly paring back expectations of an interest rate cut by the Federal Reserve at...

Oct 23, 2023 | nasdaq.com | Herb Lash |Amanda Cooper

NEW YORK/LONDON, Oct 23 (Reuters) - The benchmark U.S. Treasury yield rose above 5% to a 16-year high on Monday, while a key S&P indicator that points to a downturn in stocks spelled trouble ahead for the U.S. economy as interest rates are expected to stay high for an extended period. Higher bond yields and the risk of a wider Mideast conflict soured investor sentiment at the start of a week full of major corporate earnings and key inflation data.

Oct 20, 2023 | reuters.com | Davide Barbuscia |Herb Lash

(Adds byline, comment in paragraphs 8-9, updates prices at 2:11p.m. ET) By Davide Barbuscia and Herbert Lash NEW YORK, Oct 20 (Reuters) - U.S. Treasury pricesrebounded on Friday as investors sought the safety of bonds amidfears of an escalating Middle East war, a day after thebenchmark 10-year's yield toyed with 5% amid renewed concernsinterest rates will remain higher for longer.

Oct 19, 2023 | marketscreener.com | Herb Lash |Tom Westbrook |Sharon Singleton

Real-time Estimate TTMZero 03:34:00 2023-10-19 pm EDT 5-day change 1st Jan Change 0.6332 USD -0.01% -1.36% -7.07% 06:01am Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears RE 05:35am Gold firms on Middle East conflict; spotlight on Powell speech RE October 19, 2023 at 01:31 pm EDT (Recasts lead with comment from Powell in paragraphs 1-4, new comment in paragraphs 9-10, updates prices at 1:15 p.m. ET) By Herbert Lash NEW YORK, Oct 19 (Reuters) - Treasury yields...

Oct 19, 2023 | nasdaq.com | Herb Lash

NEW YORK, Oct 19 (Reuters) - Treasury yields surged again on Thursday, lifting the benchmark 10-year to a 16-year high of almost 5%, after Federal Reserve Chair Jerome Powell said signs of above-trend growth or a too-strong labor market could warrant more monetary tightening. "We have to use our eyes, and a little bit of risk management, and patience in slowing down the pace to make sure that we are seeing the full effects" of tighter policy, Powell said at the Economic Club of New York.