Treasury yields reacting by rallying for a few minutes, before resuming earlier declines. A third estimate deepens 1Q GDP contraction to 0.5% from 0.2%. However, May durable goods orders expand by 16.

President Donald Trump is weighing up naming Federal Reserve Chair Jerome Powell’s replacement early in a bid to speed up ...

ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...