Treasury yields fall as investors flock to bonds with bank stocks once again under pressure
Publishing timestamp: 2023-03-15 16:29:03
Summary
U.S. Treasury yields fell as Credit Suisse's struggles put pressure on bank stocks, leading to a flight to safer assets like government bonds. The decline in yields comes ahead of the Federal Reserve's policy decision, with some investors suggesting the central bank may pause rate hikes to prioritize financial stability. The producer price index also fell in February, causing uncertainty about the Fed's policy path.
Sentiment: NEGATIVE
Tickers: US10Y, CSG.N-CH, US2Y, SIVB,
Keywords: monetary policy, federal reserve bank, jerome powell, treasury notes, business news, u.s. 2 year treasury, bonds, u.s. economy, economic outlook, federal reserve system, credit suisse group ag, treasury bills, u.s. 10 year treasury, inflation, breaking news: markets, economic events, u.s. treasury bonds, interest rates,