Treasury yields tick higher after fresh CPI report
Publishing timestamp: 2023-10-12 10:47:17
Summary
Treasury yields rose as investors considered new economic data showing high inflation. The September CPI showed a higher rise than expected, while the core CPI was in line with expectations. This data could influence the Federal Reserve's decision on interest rates. There is a difference in opinion among policymakers on whether further rate hikes are needed.
Sentiment: NEUTRAL
Keywords: breaking news: markets, u.s. 2 year treasury, economic outlook, u.s. treasury bonds, interest rates, inflation, business news, central banking, bonds, u.s. 10 year treasury, u.s. economy, markets, federal reserve bank, treasury notes, treasury bills, economy,
Source: https://www.cnbc.com/2023/10/12/us-treasury-yields-investors-await-consumer-inflation-data.html