10-year yield rises to highest level since October 2022
Publishing timestamp: 2023-08-17 16:05:14
Summary
The article discusses the mixed performance of U.S. Treasury yields, with the 10-year Treasury reaching its highest level since October 2022. Investors are considering the outlook for inflation and interest rates based on the minutes from the Federal Reserve's latest meeting. The minutes indicated that concerns about inflation remain and could lead to further rate hikes. However, there are also signs that inflation pressures are easing. Other economic data, such as the consumer price index and jobless claims numbers, have been released and paint a mixed picture. Overall, investors are weighing the potential impact of inflation and the Federal Reserve's monetary policy on the economy.
Sentiment: MIXED
Keywords: business news, treasury bills, government debt, markets, u.s. 2 year treasury, u.s. treasury bonds, monetary policy, interest rates, federal reserve bank, u.s. economy, treasury notes, inflation, bonds, u.s. 10 year treasury, breaking news: markets, economic events, prices,
Source: https://www.cnbc.com/2023/08/17/us-treasury-yields-nvestors-digest-fed-meeting-minutes.html