Waller’s Comments Ease Rate-Hike Bets as Stocks Rise and Bond Yields Fall
Reuters reports that comments from Federal Reserve official Waller curbed bets on interest-rate increases as bond yields fell and US stocks rallied.
Yahoo Finance data accessed via yfinance show the S&P 500 at 7,748, up 1.06% for the day, and the Nasdaq at 26,584, up 1.40%. Both indexes had risen for two consecutive days. The 10-year US Treasury yield stood at 4.762%, down 0.71% for the day as a relative change in the yield level.
The simultaneous stock gains and Treasury-yield decline let readers judge that the market reaction extended across both equities and government bonds, rather than appearing in stocks alone. That interpretation would change if subsequent market data showed Treasury yields rising and the S&P 500 and Nasdaq surrendering these gains.
Source: Reuters — published Thu, 03 Sep 2026 02:02:00 GMT; retrieved 2026-09-04T10:18:31.878958+00:00. Supporting market data: Yahoo Finance via yfinance, as of 2026-09-04.