2-year Treasury yield falls a day after notching 16-year high
Publishing timestamp: 2023-07-07 16:20:54
Summary
The yield on the 2-year Treasury note fell after a slightly weaker-than-expected increase in June payrolls. However, other parts of the jobs report showed signs of inflation that could lead to the Federal Reserve resuming rate hikes. Traders still expect the Fed to raise rates later this month.
Sentiment: NEUTRAL
Keywords: markets, breaking news: markets, economy, business news, monetary policy, federal reserve bank, u.s. 2 year treasury, prices, treasury notes, economic events, jobs, bonds, treasury bills, central banking, u.s. treasury bonds, interest rates, u.s. 10 year treasury, u.s. economy, labor economy, jerome powell, personnel, government debt,
Source: https://www.cnbc.com/2023/07/07/us-treasury-yields-investors-await-junes-jobs-report.html