10-year Treasury yield pulls back as investors weigh monetary policy outlook
Publishing timestamp: 2023-11-08 16:21:50
Summary
The 10-year Treasury yield has declined as investors consider the future of monetary policy and look to comments from Federal Reserve officials. The article discusses the outlook for interest rates and the economy, including concerns about a potential recession caused by elevated interest rates. The Federal Reserve has upgraded its assessment of economic growth, but investors are still hoping that the Fed is done hiking rates. Fed Chair Jerome Powell has indicated that the option for rates going higher remains on the table.
Sentiment: NEUTRAL
Keywords: bonds, economy, u.s. economy, markets, economic outlook, austan goolsbee, prices, central banking, government debt, economic events, u.s. 2 year treasury, federal reserve bank, u.s. 10 year treasury, monetary policy, interest rates, jerome powell, business news, breaking news: markets,
Source: https://www.cnbc.com/2023/11/08/us-treasurys-investors-weigh-monetary-policy-outlook.html