Today's HighlightsDemand for U.S. Treasurys increased, gold pared losses and the dollar weakened following the Fed minutes. Prior to the Fed minutes the blue-chip index was down 0.1%. The WSJ Dollar Index, which measures the dollar against a basket of 16 currencies, slipped less than 0.1% after the release of the Fed minutes. The yield on the 10-year U.S. Treasury note was 1.549% compared with 1.566% before the release of the Fed minutes, according to Tradeweb. Recent comments from Fed officials have suggested the possibility of higher rates this year remains on the table.
Source: Wall Street Journal August 17, 2016 07:38 UTC