10-year Treasury yield inches lower as investors brace for inflation print
Publishing timestamp: 2023-08-10 05:46:44
Summary
The U.S. 10-year Treasury yield remained flat as investors awaited key inflation data and considered differing views from Federal Reserve officials on interest rates. Market participants are closely watching the upcoming consumer price index and producer price index reports for signs of inflation. There is division among market-watchers on whether the U.S. will avoid a recession, as the labor market shows signs of cooling while remaining resilient.
Sentiment: NEUTRAL
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