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10-year Treasury yield falls as investors consider state of U.S. economy - TL;DR CNBC

10-year Treasury yield falls as investors consider state of U.S. economy

Publishing timestamp: 2023-11-07 11:00:57


Summary

The article discusses how U.S. Treasury yields have fallen as investors assess the outlook for the economy and monetary policy. There will be comments from Federal Reserve officials, including Chair Jerome Powell, this week. The article mentions that policymakers are paying close attention to bond yields, but they cannot afford to bounce between messaging based on yield performance. The Federal Reserve left interest rates unchanged last week and indicated that further rate increases were possible. However, recent jobs data suggests that the labor market is cooling, leading some investors to believe that the rate-hiking cycle may be coming to an end. Investors will be watching for comments from officials about how recent figures have affected their expectations for future policy.


Sentiment: NEUTRAL

Tickers: US2YUS10Y

Keywords: federal reserve bankeconomytreasury notesmonetary policyu.s. 2 year treasuryu.s. 10 year treasurybondsbusiness newsinterest ratestreasury billsu.s. treasury bondsu.s. economyeconomic outlook

Source: https://www.cnbc.com/2023/11/07/us-treasury-yields-investors-consider-state-of-the-economy.html


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