10-year Treasury yield falls below 4.3% for the first time since September
Publishing timestamp: 2023-11-29 11:13:21
Summary
U.S. Treasury yields have fallen due to better-than-expected GDP data and hopes that the Federal Reserve will stop raising interest rates. The yield on the 10-year Treasury is at its lowest level since September, while the 2-year Treasury yield has hit its lowest level since July. Equities rallied after the strong GDP growth, and investors are hopeful that the Fed will not raise rates further. However, consumer data suggests that there is still an expectation of economic contraction.
Sentiment: NEUTRAL
Keywords: economic outlook, treasury notes, breaking news: markets, treasury bills, monetary policy, u.s. 2 year treasury, markets, u.s. economy, u.s. treasury bonds, economy, bonds, interest rates, u.s. 10 year treasury, business news,