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Global bond yields fall after Fed governor says he may back holding rates steady

Bond yields around the world fell Thursday, after Federal Reserve board of governors member Christopher Waller said he would support holding interest rates steady if economic conditions warrant it. “If there is continued progress toward our 2 percent goal, then I am willing to support holding the policy rate at its current level,” Waller said...

Global bond yields fall after Fed governor says he may back holding rates steady

We haven't written up this one. The Hill has the full story — the link below goes straight to it.

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Won Strength Spurs Yen, Dollar Buying

As the value of the won, which had been weak for a while, recently rebounds sharply, the atmosphere of ‘FX tech’ pursuing exchange gains is also spreading again.

  • South Korean won strengthened, dollar and yen values boosted
  • Won-dollar exchange rate dropped to 1359.3 won on Sept 3
  • Banks promote foreign exchange products to attract customers

More from Thursday 3 September →