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
Keywords: federal reserve bank, economy, treasury notes, monetary policy, u.s. 2 year treasury, u.s. 10 year treasury, bonds, business news, interest rates, treasury bills, u.s. treasury bonds, u.s. economy, economic outlook,
Source: https://www.cnbc.com/2023/11/07/us-treasury-yields-investors-consider-state-of-the-economy.html