10-year U.S. Treasury yield climbs after better-than-expected GDP report
Publishing timestamp: 2023-01-26 09:49:04
Summary
Treasury yields rose Thursday after fourth quarter GDP was better than expected, but investors are still worried about a potential economic recession. Jobless claims data showed a decline last week, indicating that the labor market remains strong. Markets are expecting the Federal Reserve to further increase interest rates at their next meeting, and investors will be closely following further earnings reports to get an idea of corporations' expectations for the economy. American Airlines and Intel are among those reporting Thursday.
Sentiment: MIXED
Keywords: inflation, u.s. 2 year treasury, u.s. treasury bonds, economy, interest rates, treasury bills, bonds, economic events, economic outlook, federal reserve bank, breaking news: markets, treasury notes, business news, central banking,
Source: https://www.cnbc.com/2023/01/26/us-treasury-yields-investors-await-key-economic-data.html