JSE firms as dovish comments by US Fed officials lift mood

The JSE was firmer on Tuesday morning, with global peers mostly firmer as dovish comments from the US Federal Reserve officials lifted sentiment.

US Fed vice-chair Philip Jefferson said on Monday the central bank was in a position to “proceed carefully” after a recent rise in treasury yields, while Fed Bank of Dallas president Lorie Logan said the recent surge in long-term US bond rates may mean there is less need to tighten again, reported Bloomberg…