Treasury yields inch higher as investors consider economic outlook
Publishing timestamp: 2023-11-28 09:01:23
Summary
The article discusses the slight increase in U.S. Treasury yields as investors await economic data that could provide insight into the economic outlook. The article mentions the 2-year Treasury yield and the 10-year Treasury yield, and discusses how yields and prices have an inverse relationship. It also mentions that investors are weighing the prospects for the economy and looking ahead to economic reports that could signal upcoming monetary policy decisions from the Federal Reserve. The article notes that while the market expects the central bank to have reached the end of its interest rate hiking cycle, there are still questions about how long rates will stay elevated and when they will be cut. It mentions that recent data suggests that higher rates are having the desired effect of easing inflation, but inflation remains above the Fed's target range. The article also mentions upcoming inflation insights and other economic data that investors will be watching for.
Sentiment: NEUTRAL
Keywords: treasury notes, breaking news: markets, treasury bills, interest rates, central banking, markets, economy, u.s. 2 year treasury, economic outlook, u.s. economy, business news, inflation, u.s. treasury bonds, monetary policy, bonds, u.s. 10 year treasury,
Source: https://www.cnbc.com/2023/11/28/us-treasury-yields-investors-consider-economic-outlook-.html