Treasury yields retreat after 2-year note reaches highest level since July 2007
Publishing timestamp: 2023-02-27 10:40:36
Summary
Treasury yields fell Monday as investors monitored outlook for inflation and economy. Yields have been increasing recently due to stickier inflation and more persistent monetary policy tightening from the Federal Reserve. Durable goods orders fell in January, and consumer confidence and ISM manufacturing survey are on slate later in the week.
Sentiment: NEUTRAL
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Source: https://www.cnbc.com/2023/02/27/treasury-yields-fall-slightly-as-caution-returns-over-inflation.html