Stimulus hopes buoy Wall Street, financials lead gains
A rise in U.S. Treasury yields, with those on 10-year notes climbing to three-week peaks, led investors to switch from bonds to riskier assets. Big lenders, including Goldman Sachs, were among the biggest beneficiaries. The market is expecting some easing from the European Central Bank at its meeting this week and there has also been a de-escalation of trade tensions," said Gennadiy Goldberg, senior rates strategist, at TD Securities in New York.
Published:9/9/2019 11:52:16 AM