10-year Treasury yield rises as investors look ahead to key inflation data
Publishing timestamp: 2023-09-11 16:15:54
Summary
The 10-year U.S. Treasury yield rose as investors awaited key economic data that could provide clues about the outlook for interest rates. The Federal Reserve is expected to keep rates on hold at their next meeting, and whether they will hike rates again this year is uncertain. Investors are bracing for the release of inflation data for August, which could impact the Fed's monetary policy decisions. Retail sales data and a consumer sentiment report will also be published later in the week.
Sentiment: NEUTRAL
Keywords: u.s. economy, u.s. 10 year treasury, federal reserve bank, economy, government debt, u.s. 2 year treasury, prices, business news, bonds, monetary policy, economic outlook, economic events, inflation, central banking, interest rates,
Source: https://www.cnbc.com/2023/09/11/us-treasury-yields-investors-look-to-key-inflation-data.html