TL;DR CNBC

2-year Treasury yield reaches highs not seen in more than a decade

Publishing timestamp: 2023-03-02 16:11:12

Summary

Treasury yields rose on Thursday as investors considered the possibility of further interest rate hikes by the Federal Reserve and awaited new economic data. Atlanta Federal Reserve President Raphael Bostic said he was in favor of sticking with quarter-point hikes, while Minneapolis Fed President Neel Kashkari indicated that further rate increases could be on the horizon. The Fed had hiked rates by 25 basis points at its latest meeting, a slower pace than the previous five increases.

Sentiment: NEUTRAL

Tickers: US2Y,  US10Y, 

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

Source: https://www.cnbc.com/2023/03/02/us-treasury-yields-investors-weigh-fed-interest-rate-policy-outlook.html