U.S. yields sink amid dovish Fed signals; HK stocks slip on COVID concerns
Written by Black Hot Fire Network on November 25, 2022
TOKYO, Nov 25 (Reuters) - U.S. long-term Treasury yields sank to a more than seven-week trough on Friday while the dollar drooped near recent lows against other major currencies peers as markets continued to digest dovish signals from the Federal Reserve.
Expectations of a less aggressive pace of U.S. monetary tightening from as soon as next month continued . . .