10-year Treasury yield slides as investors consider economic outlook
Publishing timestamp: 2023-08-18 11:38:20
Summary
The article discusses the fall in U.S. Treasury yields as investors consider the economic outlook, particularly regarding inflation, and assess the potential future actions of the Federal Reserve. The 10-year Treasury yield has decreased, and the 2-year Treasury yield has also fallen. The article mentions that investors are considering the state of the economy and the outlook for interest rate hikes after the release of minutes from the Federal Reserve's recent meeting. The minutes indicated the possibility of further rate hikes to address high inflation. The article also mentions that recent economic data has provided a mixed picture of the impact of rate hikes on the economy, with inflationary pressures easing but other areas, such as the labor market, showing resilience. No key economic data is expected on Friday.
Sentiment: NEUTRAL
Keywords: business news, government debt, economy, economic outlook, u.s. treasury bonds, u.s. 2 year treasury, interest rates, economic events, medium term notes, inflation, treasury notes, united states, u.s. economy, u.s. 10 year treasury, treasury bills, bonds, prices,
Source: https://www.cnbc.com/2023/08/18/us-treasury-yields-investors-consider-economic-outlook.html