10-year Treasury yield fall as investors consider inflation outlook
Publishing timestamp: 2023-11-10 12:23:36
Summary
The 10-year U.S. Treasury yield slipped as investors considered the future of inflation and monetary policy following comments from Federal Reserve Chair Jerome Powell. Yields had risen the previous day after a bond auction with low demand. Investors are assessing the outlook for the economy and how it could impact monetary policy. The consumer and producer price index readings for October are expected next week. Investors are also considering the path ahead for interest rates, with many hoping that the Fed is done with hiking rates. More Fed officials are set to make remarks that could provide hints about the interest rate outlook, and a preliminary consumer sentiment report for November is expected.
Sentiment: NEUTRAL
Keywords: jerome powell, u.s. economy, economic events, breaking news: markets, monetary policy, economy, government debt, u.s. 10 year treasury, economic outlook, interest rates, treasury notes, business news, bonds, u.s. treasury bonds, markets, prices, medium term notes, u.s. 2 year treasury, treasury bills,
Source: https://www.cnbc.com/2023/11/10/us-treasurys-investors-consider-inflation-outlook.html