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Stocks Fall in Run-Up to Fed as Yields Stay High

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Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices kept bond yields at multi-year highs. Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses equity bullishness amid a deepening bond selloff.

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices kept bond yields at multi-year highs. Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses equity bullishness amid a deepening bond selloff. (Source: Bloomberg)
Fed (ORG) the Federal Reserve (ORG) Victoria Fernandez (PERSON) Crossmark Global Investments (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →