Though S&P and Nasadaq contracts declined, they came off their lows of the session, spurred by the 10-year treasury yield approaching 1.5% on Wednesday and rising inflation expectations. In an appearance later today, Powell will be expected to push back on bond market concerns, saying the central bank will be ultra patient in withdrawing its support for the economy after the pandemic has ended.
Tune in to see what's moving Thursday's market and where to trade to end up in green today.
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