Treasury yields fall and dollar steady as concerns about US debt ease; market news neutral.
From Barron’s: 2025-05-20 08:21:00
Treasury yields fall and the dollar remains steady as concerns about US government debt ease after a Moody’s downgrade. Yields initially rose sharply but settled little changed as fears about widening budget hole linger.
Investors are focused on the fiscal debate as no major data is expected. Fed officials maintain a wait-and-see approach, keeping the central bank’s stance unchanged for now.
Read more at Barron’s: Treasury Yields, Dollar Indicate ‘Sell America’ Trade Is Fading