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10-year Treasury yield rises as investors weigh economic outlook - TL;DR CNBC

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

Tickers: US2YUS10Y

Keywords: bondseconomyu.s. economyunited stateseconomic outlooku.s. treasury bondsfederal reserve banku.s. 2 year treasuryeconomic eventstreasury billsinterest ratesmonetary policyu.s. 10 year treasuryjerome powellbusiness newspricestreasury notes

Source: https://www.cnbc.com/2023/11/09/us-treasurys-investors-weigh-economic-outlook.html


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