10-year Treasury yield rises ahead of Fed meeting
Publishing timestamp: 2023-05-01 13:08:42
Summary
U.S. Treasury yields have risen ahead of the Federal Reserve's meeting, where a 25-basis point interest rate hike is expected to be announced. Investors are looking for guidance on how long rates will remain elevated and when rate cuts could begin. Slow economic growth in the first quarter and the ongoing debate over the nation's debt limit have also put pressure on yields.
Sentiment: NEUTRAL
Tickers: US10Y, US2Y, US5Y, US30Y,
Keywords: business news, bonds, u.s. 2 year treasury, u.s. 10 year treasury, federal reserve bank, united states, government debt, covid-19, coronavirus, u.s. 30 year treasury, breaking news: markets, economic outlook, markets, u.s. treasury bonds, economic events, world markets, joe biden, medium term notes, economic stimulus, prices, u.s. 5 year treasury, jerome powell, central banking,
Source: https://www.cnbc.com/2023/05/01/10-year-treasury-yield-ticks-higher-ahead-of-fed-meeting.html