
Markets Rally After US Treasury Moves to Ease Bond Market Stress
Financial markets rallied following actions by the U.S. Treasury aimed at easing stress in the bond market. Analysts suggest there is a strong desire to preserve the current stock market rally.
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Markets Rally After U.S. Treasury Tries to Ease Bond Market Stress
Government bond yields fell and stocks jumped on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
By Joe Rennison
Read full article →Cramer on Treasury buying: People want to preserve the stock rally ‘in the worst way’
CNBC’s Jim Cramer said the Treasury’s expanded bond buybacks may provide near-term relief for markets, but the intervention underscores strain in the government debt market.
Read full article →
