U.S. Treasury yields fell further and a gauge of global equity markets tried to rebound on Thursday as investors took the long view that interest cuts by the Federal Reserve and other central banks were still coming, though not as quickly as expected. Investors bid up bond prices, which move inversely to their yield, after Fed Chair Jerome Powell on Wednesday pushed back on market speculation that rates would be cut in March, sparking a sell-off on Wall Street and a dollar rally. MSCI's all-country world index, a measure of equity performance in 47 countries, seesawed as Wall Street shrugged off the prior day's slump and expected strong earnings and megacap results after the bell.
Read full NASCAR article on Yahoo Sports
Read all NASCAR articles