Treasury yields fall as uncertainty about 2023 outlook lingers
Publishing timestamp: 2023-01-03 09:29:01
Summary
Treasury yields fell on Tuesday as investors looked ahead to key economic data releases this week. The final reading of December's S&P Global Manufacturing Purchasing Managers' Index showed that production contracted during the month at the fastest rate since May 2020. On Wednesday, investors are hoping to gain insights into the labor market through JOLTS job openings data and minutes from the Fed's December meeting. Many investors are hoping for signs that the central bank will slow or completely pause interest rate hikes this year.
Sentiment: NEUTRAL
Keywords: united states, economic events, interest rates, u.s. treasury bonds, u.s. 10 year treasury, federal reserve bank, u.s. economy, business news, u.s. 2 year treasury, bonds, economic outlook, monetary policy, treasury notes, central banking, breaking news: markets,
Source: https://www.cnbc.com/2023/01/03/us-treasury-yields-as-uncertainty-about-2023-outlook-lingers.html