2-year Treasury yield dips as investors eye Fed meeting minutes
Publishing timestamp: 2023-07-05 09:06:09
Summary
The article discusses the movement of the 2-year U.S. Treasury yield and the benchmark 10-year Treasury yield. It mentions that investors are awaiting the release of the Federal Reserve's meeting minutes and remarks from New York Fed President John Williams for clues about the monetary policy outlook. The article also mentions that traders are currently pricing in an 86.2% chance of the Fed hiking rates again at its July meeting. Additionally, it notes that upcoming labor market data will inform the Fed's next policy move and provide clues about the state of the U.S. economy.
Sentiment: NEUTRAL
Keywords: economic outlook, u.s. 2 year treasury, economic events, central banking, treasury notes, markets, u.s. 10 year treasury, interest rates, u.s. economy, government debt, bonds, monetary policy, breaking news: markets, united states, business news, u.s. treasury bonds, treasury bills, federal reserve bank, prices,
Source: https://www.cnbc.com/2023/07/05/us-treasury-yields-investors-await-fed-meeting-minutes.html