Treasury yields fall as investors assess inflation data, outlook
Publishing timestamp: 2023-01-09 09:50:13
Summary
Treasury yields fell on Monday as investors attempted to predict the markets for 2023. A survey from the New York Federal Reserve found that consumers expected both inflation and their spending to cool in the year ahead. Investors are assessing the outlook for inflation and how it could affect the Fed's next interest rate decision. The nonfarm payrolls report on Friday indicated that inflationary pressures could be easing. Investors are hoping to gain more clarity about inflation this week as December's U.S. consumer price index figures are due on Thursday.
Sentiment: NEUTRAL
Keywords: united states, central banking, 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, inflation, bonds, economic outlook, treasury notes, monetary policy, breaking news: markets,
Source: https://www.cnbc.com/2023/01/09/us-treasury-yields-investors-assess-inflation-outlook.html