Treasury yields waver as investors assess monetary policy outlook
Publishing timestamp: 2023-02-08 10:35:40
Summary
Yields on 10-year and 2-year Treasury bonds wavered Wednesday as investors assessed Federal Reserve Chairman Jerome Powell's comments on inflation and interest rates. Powell indicated that inflation was easing, but it would likely take a long time to come down significantly. Minneapolis Fed President Neel Kashkari said the Fed had not yet won its fight against inflation and hinted at further rate hikes. Further Fed officials are due to make remarks on Wednesday.
Sentiment: NEUTRAL
Keywords: federal reserve bank, jerome powell, treasury bills, breaking news: markets, u.s. 2 year treasury, central banking, u.s. 10 year treasury, treasury notes, u.s. treasury bonds, neel kashkari, interest rates, bonds, business news, economic events, economic outlook, monetary policy, united states,