While you were sleeping: Yellen to speak

Wed, 18 Jan 2017

By Margreet Dietz Jan. 19 (BusinessDesk) - US Treasuries declined while Wall Street was mixed as investors awaited a speech by US Federal Reserve Chair Janet Yellen. Investors will eye Yellen, who is set to speak later in the day, for any fresh clues on the pace of interest rate increases this year. Meanwhile, shares of Target dropped, trading 6 percent weaker as of 1.13pm in New York, after the company downgraded its fourth-quarter earnings sales forecast because of disappointing holiday sales. "While we were pleased with Black F...

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