10-year Treasury yield inches higher as traders look to Fed meeting
Publishing timestamp: 2023-10-31 16:14:41
Summary
The U.S. 10-year Treasury yield rose slightly as traders analyzed economic data and awaited the Federal Reserve's rate decision. The employment cost index for non-government workers increased slightly faster than expected. The Fed is expected to keep rates unchanged, and investors are hoping for hints about future rate increases. The U.S. Treasury announced its borrowing plans for the final three months of 2022, aiming to borrow less than previously expected. The Bank of Japan announced it would keep interest rates unchanged but adjust its yield curve control policy.
Sentiment: NEUTRAL
Keywords: u.s. 10 year treasury, economy, economic outlook, u.s. economy, monetary policy, bonds, treasury notes, markets, treasury bills, united states, government debt, business news, medium term notes, central banking, interest rates, u.s. 2 year treasury, jerome powell, economic events, breaking news: markets, u.s. treasury bonds, prices, federal reserve bank,
Source: https://www.cnbc.com/2023/10/31/us-treasury-yields-ahead-of-fed-meeting-kick-off.html