Treasury yields rise as investors assess state of economy
Publishing timestamp: 2023-10-25 13:33:14
Summary
U.S. Treasury yields, particularly the 10-year rate, have risen to near multiyear highs. This is due to investors considering the state of the economy and geopolitical concerns, such as the Israel-Hamas war. The rise in yields has prompted speculation about the Federal Reserve's next policy meeting and the potential impact on interest rates. Investors will also be watching for new home sales data and remarks from Fed Chairman Jerome Powell.
Sentiment: NEUTRAL
Keywords: business news, treasury notes, interest rates, prices, economic outlook, medium term notes, bonds, markets, u.s. treasury bonds, treasury bills, breaking news: markets, economic events, u.s. economy, u.s. 2 year treasury, economy, u.s. 10 year treasury, federal reserve bank, government debt,
Source: https://www.cnbc.com/2023/10/25/us-treasury-yields-investors-weigh-state-of-economy.html