10-year Treasury yield falls, teeters around key 4% level
Publishing timestamp: 2024-01-08 10:51:36
Summary
The article discusses how U.S. Treasury yields have slipped as investors await key economic data, including inflation insights. The data will provide clues about the impact of higher interest rates on inflation and the economy, which could inform the Federal Reserve's interest rate policy. Some traders are hoping for rate cuts to start in March, but recent economic data has cast doubt on that prospect. The article also mentions the upcoming consumer price index reading and the expectation for the latest consumer inflation expectations report.
Sentiment: NEUTRAL
Keywords: u.s. treasury bonds, treasury notes, government debt, interest rates, monetary policy, treasury bills, business news, prices, economic events, breaking news: markets, economic outlook, central banking, markets, u.s. 2 year treasury, economy, inflation, bonds, u.s. 10 year treasury,
Source: https://www.cnbc.com/2024/01/08/us-treasury-yields-investors-await-key-economic-data.html