Treasury yields ease ahead of big August jobs report on Friday
Publishing timestamp: 2023-08-31 15:32:49
Summary
The article discusses the fall in U.S. Treasury yields as investors await key jobs data. It mentions the 10-year Treasury yield trading lower and the 2-year Treasury yield ticking down. The article also mentions the personal consumption expenditures index and personal spending data. It highlights Fed Chairman Jerome Powell's comments on inflation and interest rates. Additionally, it mentions the downward revision of second-quarter GDP growth and the lower-than-expected job additions in August.
Sentiment: NEUTRAL
Keywords: markets, interest rates, government debt, united states, economy, u.s. 2 year treasury, u.s. treasury bonds, prices, monetary policy, jerome powell, labor economy, central banking, treasury bills, u.s. 10 year treasury, economic outlook, economic events, bonds, federal reserve bank, u.s. economy, inflation, business news, breaking news: markets, treasury notes,
Source: https://www.cnbc.com/2023/08/31/us-treasury-yields-investors-await-fresh-inflation-insights.html