10-year Treasury yield rises as investors weigh economic outlook
Publishing timestamp: 2023-11-09 09:54:12
Summary
The article discusses the rise in U.S. Treasury yields and how investors are looking to economic data and comments from Federal Reserve officials for insight into the future of the economy. It mentions the recent remarks from Fed Chair Jerome Powell and the possibility of further interest rate hikes. The article also mentions the slight decline in weekly initial jobless claims and how it may indicate that the Fed's monetary policy approach is having the desired effect.
Sentiment: NEUTRAL
Keywords: bonds, economy, u.s. economy, united states, economic outlook, u.s. treasury bonds, federal reserve bank, u.s. 2 year treasury, economic events, treasury bills, interest rates, monetary policy, u.s. 10 year treasury, jerome powell, business news, prices, treasury notes,
Source: https://www.cnbc.com/2023/11/09/us-treasurys-investors-weigh-economic-outlook.html