10-year Treasury yield is flat at 3.86% traders wrap up a rollercoaster year
Publishing timestamp: 2023-12-29 11:42:03
Summary
The yield on the 10-year Treasury note remained relatively unchanged as investors focused on the future of the economy and monetary policy. The article discusses the significant year for bonds, the movement of yields, and the uncertainty surrounding the state of the U.S. economy and the Federal Reserve's actions. It also mentions the expectation of rate cuts in 2024 and the early closure of U.S. bond markets for the new year.
Sentiment: NEUTRAL
Keywords: medium term notes, treasury notes, economy, business news, monetary policy, central banking, markets, interest rates, breaking news: markets, bonds, treasury bills, u.s. 10 year treasury, united states, economic events, government debt, prices, u.s. economy, u.s. treasury bonds,
Source: https://www.cnbc.com/2023/12/29/us-treasury-yields-investors-prepare-for-the-new-year-ahead.html