TL;DR CNBC

Treasury yields climb as bank concerns ease and investors look to Fed meeting

Publishing timestamp: 2023-03-21 14:31:57

Summary

U.S. Treasury yields rose as concerns about the banking sector eased following Credit Suisse's takeover by UBS and reassurances from Treasury Secretary Janet Yellen. The Federal Reserve's two-day policy meeting began, with investors expecting a 25 basis point rate hike and guidance on the economic outlook and future policy. Regional banks in the U.S. also saw a slight recovery, with the SPDR Regional Banking ETF rising 5.5% and First Republic shares jumping over 35%.

Sentiment: NEUTRAL

Tickers: US2Y,  US10Y,  KRE, 

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

Source: https://www.cnbc.com/2023/03/21/us-treasury-yields-banking-fears-ease-investors-await-fed-meeting.html