2-year Treasury yield falls on Friday as data shows slowing inflation
Publishing timestamp: 2023-07-28 16:13:47
Summary
The article discusses how U.S. Treasury yields declined after the Federal Reserve's preferred inflation gauge showed that price increases cooled in June. The 2-year Treasury yield was down by 6 basis points, while the yield on the 10-year Treasury fell by more than 5 basis points. The article also mentions that the personal consumer expenditures index rose just 0.2% month over month, in line with economist estimates. The article highlights the Fed's efforts to ease inflation and cool the economy, as well as the Bank of Japan's decision to maintain negative interest rates but loosen its yield curve control policy.
Sentiment: NEUTRAL
Tickers: US2Y, US30Y, 8301.T-JP, US10Y,
Keywords: bonds, u.s. 10 year treasury, inflation, treasury notes, economic outlook, u.s. economy, u.s. 30 year treasury, u.s. 2 year treasury, medium term notes, prices, treasury bills, bank of japan, economy, government debt, interest rates, monetary policy, business news, federal reserve bank, central banking, u.s. treasury bonds,
Source: https://www.cnbc.com/2023/07/28/us-treasury-yields-investors-await-latest-inflation-insights.html