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GLOBAL MARKETS-Stocks soothed by Fed signals, yen swings again

GLOBAL MARKETS-Stocks soothed by Fed signals, yen swings again
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Stocks Gain as Focus Turns to Fed, Yen Rebounds: Markets Wrap

(Bloomberg) — Stocks rallied as earnings optimism offset concern about higher-for-longer interest rates. The yen rebounded after dropping to its lowest in 34 years. Europe’s Stoxx 600 rose 0.4%, with shares of Royal Philips NV surging 37% after reaching a smaller-than-expected compensation settlement in the US. Contracts for the S&P 500 climbed 0.2% as shares… ....

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Treasuries Advance as Record US Auction Lures Solid Buyer Demand

US government debt advanced on Tuesday as the Treasury’s hefty $69 billion sale of two-year notes lured solid buyer demand even as a much-desired 5% coupon proved elusive. ....

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