U.S. 10-year Treasury yield little changed as investor attention turns to upcoming Fed meeting
Publishing timestamp: 2023-09-18 13:18:23
Summary
The article discusses the 10-year U.S. Treasury yield holding steady and the focus shifting to the Federal Reserve meeting scheduled for the week. Investors are looking for clues about future interest rates and guidance on monetary policy. The article also mentions that there is a 99% chance that the Fed will keep rates unchanged this week, but the possibility of rates going higher later in the year has not been ruled out. Economic data, particularly regarding inflation, is cited as a key factor in decision-making. The article notes that recent data suggests inflationary pressures may be easing. The University of Michigan's consumer sentiment report also reflects a significant decline in inflation expectations.
Sentiment: NEUTRAL
Keywords: u.s. 2 year treasury, central banking, bonds, business news, treasury notes, u.s. treasury bonds, prices, federal reserve bank, economic outlook, government debt, treasury bills, u.s. 10 year treasury, u.s. economy, economic events,