10-year Treasury yield rises to start the week
Publishing timestamp: 2023-12-18 11:28:35
Summary
The 10-year Treasury note yield rose at the start of the last full trading week of 2023. Traders are digesting the unexpectedly dovish pivot from the U.S. Federal Reserve, which hinted at at least three rate cuts next year. Some Fed officials have pushed back against the idea of imminent rate cuts, causing the market to lose momentum.
Sentiment: NEUTRAL
Keywords: u.s. economy, prices, breaking news: markets, steve liesman, bonds, u.s. 2 year treasury, treasury bills, interest rates, treasury notes, government debt, economic events, medium term notes, federal reserve bank, u.s. 10 year treasury, economy, u.s. treasury bonds, united states, business news, markets, monetary policy,
Source: https://www.cnbc.com/2023/12/18/10-year-treasury-yield-slip-further-after-feds-big-shift.html