Treasury yields dip as investors consider outlook for bank stocks, monetary policy
Publishing timestamp: 2023-03-17 16:20:58
Summary
U.S. Treasury yields were mixed as investors considered the outlook for stock markets and the Federal Reserve's next policy moves. Bank stocks had a tumultuous week, causing fears of contagion across the banking system. Many investors sought safety in government bonds, causing yields to plummet at times. The developments also shifted expectations for the Federal Reserve's next interest rate decision, with a 25 basis point rate hike now expected instead of a 50 basis point rate hike.
Sentiment: MIXED
Tickers: US2Y, FRC, CS, US10Y, CSG.N-CH,
Keywords: economic outlook, interest rates, monetary policy, stock markets, central banking, business news, u.s. 2 year treasury, federal reserve bank, bonds, credit suisse group ag, u.s. 10 year treasury, united states, economic events, u.s. economy, breaking news: markets,
Source: https://www.cnbc.com/2023/03/17/us-treasury-yields-investors-consider-outlook-for-bank-stocks.html