10-year Treasury yield tops 3.52% as data watched by the Fed shows inflation increase
Publishing timestamp: 2023-01-27 11:14:50
Summary
Treasury yields rose on Friday after an inflation report indicated a sizable increase in prices. The core personal consumption price expenditures index rose by 4.4% from the year before in December, which was in line with economists' expectations. GDP data released on Thursday showed that the US economy expanded by 2.9%, which was just above the 2.8% expected by economists. Yields are higher on the week.
Sentiment: NEUTRAL
Keywords: federal reserve bank, treasury notes, u.s. treasury bonds, interest rates, inflation, u.s. 10 year treasury, economic events, central banking, economic outlook, business news, economic growth, treasury bills, bonds, recessions and depressions, u.s. 2 year treasury,
Source: https://www.cnbc.com/2023/01/27/us-treasury-yields-investors-await-key-inflation-report.html