Treasury yields jump on Thursday as cooling inflation data boosts sentiment
Publishing timestamp: 2023-11-30 10:49:52
Summary
The article discusses how U.S. Treasury yields have gained after inflation data, giving investors hope that the Federal Reserve will continue to hold rates steady before beginning cuts in 2024. The article also mentions the 10-year Treasury yield and the 2-year Treasury yield, as well as the Fed's preferred inflation gauge and the expectations of economists. It highlights the growing belief that the Federal Reserve may be done with its rate-hiking cycle and mentions the upcoming December meeting where investors hope for clues about the central bank's policy next year.
Sentiment: NEUTRAL
Keywords: treasury bills, business news, u.s. economy, treasury notes, interest rates, government debt, economy, breaking news: markets, jerome powell, bonds, inflation, united states, economic outlook, markets, medium term notes, prices, u.s. 2 year treasury, monetary policy, u.s. 10 year treasury, economic events, u.s. treasury bonds,
Source: https://www.cnbc.com/2023/11/30/us-treasury-yields-investors-await-fresh-inflation-insights.html