10-year Treasury yield falls even as Fed reiterates commitment to higher rates
Publishing timestamp: 2023-01-04 08:54:01
Summary
Treasury yields slipped on Wednesday as investors weighed mixed economic data and Federal Reserve's December meeting minutes, which signaled that central bankers do not expect rate cuts this year. Manufacturing numbers showed another contraction for sector, while Job Openings and Labor Turnover Survey for November showed available positions at 10.46 million, slightly above FactSet estimate of 10 million.
Sentiment: NEUTRAL
Keywords: united states, treasury bills, economic events, interest rates, u.s. treasury bonds, u.s. 10 year treasury, federal reserve bank, business news, u.s. 2 year treasury, bonds, monetary policy, treasury notes, central banking, breaking news: markets,
Source: https://www.cnbc.com/2023/01/04/us-treasury-yields-as-investors-await-fed-meeting-minutes.html