Treasury yields gain despite slower-than-expected GDP growth
Publishing timestamp: 2023-04-27 16:32:22
Summary
Treasury yields rose despite slower economic growth, possibly due to an increase in the personal consumption expenditures price index. The GDP rose at a slower pace than expected in the first quarter, which could impact the Fed's policy decisions at their upcoming meeting. Investors will be looking for guidance on how long rates will stay elevated and when rate cuts may be implemented.
Sentiment: NEUTRAL
Keywords: recessions and depressions, u.s. 2 year treasury, government debt, treasury notes, economic events, breaking news: markets, economy, treasury bills, u.s. treasury bonds, united states, bonds, prices, u.s. 10 year treasury, u.s. economy, central banking, business news, federal reserve bank, economic outlook, interest rates,
Source: https://www.cnbc.com/2023/04/27/us-treasury-yields-investors-assess-economic-outlook-data.html