December 19, 2024 3:25 PM
Global stocks, bond prices fall after Fed sounds cautious, BOJ hold weakens yen
Global stocks around the world tumbled on Thursday, with the 10-year U.S Treasury yield at its highest since May, a day after the Federal Reserve said it would temper the pace of rate cuts, kicking off a busy 24 hours for other central banks. The Bank of Japan took up the market-moving baton on...