10-year Treasury yield dips after topping 5%
Publishing timestamp: 2023-10-23 13:55:13
Summary
The article discusses the decrease in U.S. Treasury yields, with the 10-year yield falling from 5% to 4.86%. This is attributed to Bill Ackman covering his bond short position and the possibility of bonds becoming a safe haven amid volatile equities and geopolitical risk. The article also mentions comments by Federal Reserve Chairman Jerome Powell and upcoming Treasury bill auctions.
Sentiment: NEUTRAL
Tickers: MRNA, UAL, DAL, AGG, JPM, GS, US2Y, WFC, US5Y, MS, BND, LLY, WBA, UNH, US30Y, BAC, C, JNJ, US10Y,
Keywords: vanguard total bond market index fund etf shares, ishares core u.s. aggregate bond etf, goldman sachs group inc, prices, u.s. 2 year treasury, eli lilly and co, delta air lines inc, central banking, moderna inc, united airlines holdings inc, steven mnuchin, breaking news: markets, jpmorgan drn, unitedhealth group inc, government debt, medium term notes, u.s. 10 year treasury, citigroup inc, bank of america corp, business news, u.s. 5 year treasury, wells fargo & co, johnson & johnson, u.s. 30 year treasury, morgan stanley, bitcoin, world markets, economic events, walgreens boots alliance inc, markets, bonds,
Source: https://www.cnbc.com/2023/10/23/treasury-yields-rise-again-as-10-year-hovers-near-5percent.html