10-year Treasury yield hits lowest since July
Publishing timestamp: 2023-12-20 12:08:31
Summary
The article discusses the decrease in the 10-year U.S. Treasury yield, which reached its lowest level since July. It also mentions positive economic data, such as a stronger than expected consumer confidence survey and higher home sales. The article attributes the decrease in Treasury yields to the Federal Reserve's indication of possible interest rate cuts.
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Source: https://www.cnbc.com/2023/12/20/treasury-yields-dip-slightly-as-fed-trajectory-remains-in-focus.html