Stocks Rally and Bond Yields Slide as Fed Signals Rate Cuts in 2024

Stocks Rally and Bond Yields Slide as Fed Signals Rate Cuts in 2024

The New York Times - Business:

The Fed’s rate increases since March 2022 have sent shock waves through financial markets, raising borrowing costs on everything from mortgages to government debt and weighing on the stock market.

This post first appeared in The New York Times - Business. Read the original article.