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Treasury yields gain despite slower-than-expected GDP growth - TL;DR CNBC

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

Tickers: US10YUS2Y

Keywords: recessions and depressionsu.s. 2 year treasurygovernment debttreasury noteseconomic eventsbreaking news: marketseconomytreasury billsu.s. treasury bondsunited statesbondspricesu.s. 10 year treasuryu.s. economycentral bankingbusiness newsfederal reserve bankeconomic outlookinterest rates

Source: https://www.cnbc.com/2023/04/27/us-treasury-yields-investors-assess-economic-outlook-data.html


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