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Treasury yields are little changed after 10-year slips back below 5% - TL;DR CNBC

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-FFUS5YUS10YBNDAGGUS2YUS30Y

Keywords: u.s. 10 year treasuryu.s. 30 year treasuryworld marketscentral bankingeconomic eventspricesmarketsbitcoingovernment debtbreaking news: marketsmedium term notesu.s. 2 year treasurybusiness newsvanguard total bond market index fund etf sharesishares core u.s. aggregate bond etfu.s. 5 year treasurybonds

Source: https://www.cnbc.com/2023/10/24/treasury-yields-continue-retreat-after-10-year-slips-back-below-5percent.html


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