U.S. Treasury yields slip as investors digest inflation data
Publishing timestamp: 2023-02-17 16:11:50
Summary
Treasury yields dropped on Friday after a spike earlier in the day due to concerns over high inflation and the Federal Reserve's potential for tighter policy. Data released earlier in the week showed a larger-than-expected increase in consumer inflation, and several Fed speakers hinted at further interest rate hikes. Investors are worried that high interest rates will cause the US economy to contract.
Sentiment: NEGATIVE
Keywords: treasury bills, u.s. treasury bonds, interest rates, breaking news: markets, economic outlook, u.s. economy, inflation, bonds, economic events, federal reserve bank, treasury notes, central banking, u.s. 2 year treasury, u.s. 10 year treasury, business news, united states,
Source: https://www.cnbc.com/2023/02/17/us-treasury-yields-investors-digest-inflation-data.html