10-year Treasury yield briefly dives below 4.5% as unemployment rate rises to 3.9%
Publishing timestamp: 2024-05-03 11:49:17
Summary
U.S. Treasury yields dropped after weaker-than-expected jobs report, potentially leading to rate cuts by Federal Reserve. Fed Chief Powell acknowledges potential impact on central bank's actions.
Sentiment: MIXED
Keywords: treasury notes, economic outlook, business news, u.s. 10 year treasury, labor economy, economic events, u.s. 2 year treasury, economy, united states, treasury bills, u.s. economy, bonds, personnel, government debt, prices,
Source: https://www.cnbc.com/2024/05/03/us-treasury-yields-ahead-of-april-jobs-report.html