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Investing

Fed pivot hopes whipsaw Treasury market as investors hunt for rate peak

NEW YORK, Oct 13 (Reuters) - Shifting views on the Federal Reserve's monetary policy trajectory are roiling the U.S. Treasury market, as investors gauge how close the central bank is to pulling back from its aggressive monetary policy tightening.Benchmark 10-year yields tumbled at the start of the week as investors reacted to the widening conflict in the Middle East and dovish comments from Fed officials, who leaned into the possibility that interest rates may not need to go higher.But yields, which move inversely to bond prices, rebounded on Thursday, following...
Funds

US says Iran cannot access its $6 bln in Qatar any time soon

U.S. Secretary of State Antony Blinken speaks during a press conference, in Tel Aviv, Israel October 12, 2023. Jacquelyn Martin/Pool via REUTERS Acquire Licensing RightsTEL AVIV/WASHINGTON, Oct 12 (Reuters) - The United States said on Thursday that Iran would not gain access any time soon to $6 billion in Iranian funds parked in a Qatar bank last month as part of a prisoner exchange and that Washington retained the right to completely freeze the account.The question of Iranian access to the funds has been in the spotlight since Iran-backed Palestinian...
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