Treasury yields rise despite another report that shows inflation is falling
Publishing timestamp: 2023-11-15 12:32:41
Summary
U.S. Treasury yields rebounded after dropping in the previous session, as investors analyzed inflation data that suggested the Federal Reserve may not raise rates. The producer price index for October showed a surprise decline, leading to a decrease in the likelihood of a rate hike in December. Additional inflation data and retail sales figures are expected to be released. The U.K. inflation reading for October came in lower than expected.
Sentiment: NEUTRAL
Keywords: federal reserve bank, breaking news: markets, u.s. 2 year treasury, inflation, business news, economic outlook, bonds, u.s. 10 year treasury, treasury bills, markets, central banking, treasury notes, u.s. economy, economy, interest rates,
Source: https://www.cnbc.com/2023/11/15/us-treasury-yields-investors-weigh-inflation-data.html