10-year Treasury yield rises back above 4% briefly Wednesday
Publishing timestamp: 2024-01-03 12:03:05
Summary
The article discusses the rise in U.S. Treasury yields as investors speculate that the Federal Reserve may not cut rates as aggressively as expected. It mentions the current yields of the 10-year and 2-year Treasury bonds, as well as the inverted relationship between yields and prices. The article also mentions the reversal of the year-end stock rally and the expectations for rate cuts by the Federal Reserve. It notes that the minutes from the December Fed meeting may provide insights into the central bank's expectations for interest rates and the overall economy. The article concludes by mentioning market expectations for a rate cut in March.
Sentiment: NEUTRAL
Keywords: markets, united states, treasury bills, bonds, interest rates, federal reserve bank, government debt, treasury notes, economic events, economy, u.s. economy, medium term notes, u.s. 2 year treasury, u.s. 10 year treasury, economic outlook, business news, monetary policy, u.s. treasury bonds, breaking news: markets, prices,
Source: https://www.cnbc.com/2024/01/03/us-treasury-yields-investors-look-to-fresh-economic-data.html