Treasury yields rise as investors weigh economic outlook
Publishing timestamp: 2023-11-20 11:58:00
Summary
The article discusses the slight increase in U.S. Treasury yields as investors consider the economic outlook and the possibility that the Federal Reserve's interest-rate hiking cycle is over. The yield on the 10-year Treasury is slightly higher, while the 2-year Treasury yield remains unchanged. Investors are assessing the outlook for the economy and the Fed's monetary policy, with hopes that the central bank is done hiking rates. The article mentions that inflation is easing and that interest rate hikes are having the desired effect of cooling the economy. The Fed is expected to keep interest rates unchanged at its December meeting, but investors are wondering when the Fed will begin cutting rates, a question that has not been addressed in detail by Fed officials. The article also mentions that the minutes from the Fed's last meeting will be released on Tuesday and could provide more insight into the central bank's considerations and expectations.
Sentiment: NEUTRAL
Keywords: federal reserve bank, treasury bills, treasury notes, inflation, business news, u.s. treasury bonds, prices, economy, economic events, u.s. economy, government debt, bonds, medium term notes, monetary policy, economic outlook, interest rates, u.s. 2 year treasury, u.s. 10 year treasury, jerome powell,
Source: https://www.cnbc.com/2023/11/20/us-treasury-yields-investors-weigh-economic-outlook.html