TL;DR CNBC

10-year Treasury yield hits highest level since November

Publishing timestamp: 2023-02-21 12:15:12

Summary

Treasury yields rose to three-month highs on Tuesday as traders worried about higher Federal Reserve rates. The benchmark rate hit its highest level since November 10, and the 2-year yield rose to 4.725%. Data showed that existing home sales fell 0.7% to their lowest level in more than 12 years. However, the National Association of Realtors chief economist Lawrence Yun said that home sales are bottoming out.

Sentiment: NEUTRAL

Tickers: US2Y,  US10Y, 

Keywords: u.s. 10 year treasury,  federal reserve bank,  breaking news: markets,  bonds,  central banking,  u.s. 2 year treasury,  economic events,  treasury notes,  treasury bills,  economic outlook,  united states,  interest rates,  business news,  u.s. treasury bonds, 

Source: https://www.cnbc.com/2023/02/21/us-treasury-yields-investors-look-to-key-economic-data-fed-minutes.html