Treasury yields are little changed as investors await Fed meeting minutes
Publishing timestamp: 2023-11-21 11:56:26
Summary
The article discusses the little change in U.S. Treasury yields as investors await the release of minutes from the Federal Reserve's latest meeting and assess the state of the economy. It mentions the yields on 10-year and 2-year Treasury notes, the inverted relationship between yields and prices, and the auction of 20-year Treasury notes. It also highlights the market's expectations of unchanged interest rates and the growing questions about potential rate cuts and a possible recession. The article concludes by mentioning the existing home sales data for October, which came in below estimates.
Sentiment: NEUTRAL
Keywords: breaking news: markets, prices, jerome powell, u.s. treasury bonds, markets, u.s. 2 year treasury, u.s. 10 year treasury, treasury notes, economic events, bonds, treasury bills, central banking, interest rates, u.s. economy, inflation, federal reserve bank, medium term notes, government debt, united states, business news,
Source: https://www.cnbc.com/2023/11/21/us-treasury-yields-investors-await-fed-meeting-minutes.html