Treasury yields are little changed after 10-year slips back below 5%
Publishing timestamp: 2023-10-24 13:15:34
Summary
The article discusses the steady U.S. Treasury yields, which slipped below 5% but remained near 16-year highs. The yield on the benchmark 10-year Treasury note hovered near flatline at 4.83%, while the yield on the 30-year Treasury bond climbed 1.4 basis points to 5%. The article mentions that the recent bond market swings are difficult to explain and predict, and that markets are also contending with comments from Federal Reserve Chairman Jerome Powell. The Federal Open Market Committee will meet soon to announce its next interest rate decision. Economic data on the purchasing managers' index is also expected to be published.
Sentiment: NEUTRAL
Tickers: DBK-FF, US5Y, US10Y, BND, AGG, US2Y, US30Y,
Keywords: u.s. 10 year treasury, u.s. 30 year treasury, world markets, central banking, economic events, prices, markets, bitcoin, government debt, breaking news: markets, medium term notes, u.s. 2 year treasury, business news, vanguard total bond market index fund etf shares, ishares core u.s. aggregate bond etf, u.s. 5 year treasury, bonds,