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Treasury yields fall as investors look to key economic data - TL;DR CNBC

Treasury yields fall as investors look to key economic data

Publishing timestamp: 2023-07-10 16:01:31


Summary

The yield on 10-year Treasury rose as investors awaited comments from U.S. Federal Reserve officials and key inflation data. The central bank is expected to hike rates again, despite slightly lower non-farm payrolls growth. The Fed may need to increase rates further to bring inflation closer to their target range. Key economic reports, including the consumer price index, are expected this week.


Sentiment: NEUTRAL

Tickers: US10YUS2Y

Keywords: inflationu.s. 2 year treasurypricesbusiness newsu.s. 10 year treasurymarketsfederal reserve bankmedium term noteseconomyu.s. economymonetary policyinterest ratesbondsbreaking news: marketstreasury notesmary dalytreasury billsgovernment debtcentral bankingu.s. treasury bonds

Source: https://www.cnbc.com/2023/07/10/us-treasury-yields-investors-await-fed-speaker-comments-key-data.html


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