Treasury yields tick higher as markets digest Fed's 'robust' policy change

It comes after Powell said Friday that the U.S. central bank is willing to

, in an effort to support the labor market and broader economy. He described it as a "robust updating" of policy.It means the Fed will allow inflation to run "moderately" above its 2% goal "for some time" after periods when it has fallen below that level. On the data front, personal income and spending figures are due at 1:30 p.m. ET, along with wholesale inventories. Consumer sentiment data are expected at 3:00 p.m. ET.

Investors will also be watching speakers at the Jackson Hole Economic Policy Symposium, which is being held online.Related Tags

I don't know where these market successes coming from. nothing is solid.

Long-term bonds have strong momentum, recently broke below 50day trend, could be coiling and forming a vol contraction pattern which could pop up or down, or could be another uptrend bounce. Hard to tell, I'll wait for high volume moves.

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Breakingviews - Fed policy review will leave market put untouched(Reuters Breakingviews) - Federal Reserve Chair Jerome Powell has been too effective. His pledge to purchase corporate debt, including some with a junk credit rating, has boosted bond and equity prices since March, despite lousy economic projections. Backstopping asset prices is the unspoken precept that underlies the new policy framework he will soon unveil. Please do for once your job The fuck this even mean? Thanks. Very nice to see
Source: Reuters - 🏆 2. / 97 Read more »