Fed Chief Powell Gives No Hint Of Federal Reserve 'Twist' As Treasury Yields Surge, S&P 500 Stalls

Fed Chief Powell Gives No Hint Of Federal Reserve 'Twist' As Treasury Yields Surge, S&P 500 Stalls
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The Federal Reserve could reignite the S&P 500 and Nasdaq rally by lowering Treasury yields via Operation Twist. Fed chief Jerome Powell didn't offer any hints.