10-year Treasury yield climbs to 4.15% on more strong jobs data
Publishing timestamp: 2024-01-18 12:22:17
Summary
Treasury yields rose as the latest jobs data showed stronger than expected results. The yield on the 10-year Treasury note reached its highest level since December 13. The Labor Department reported a sharp decline in initial jobless claims, indicating a tight labor market. These strong U.S. figures have raised questions about when the Federal Reserve may start cutting interest rates.
Sentiment: NEUTRAL
Tickers: US2Y, US20Y, FDS, US10Y,
Keywords: treasury notes, treasury bills, davos, switzerland, factset research systems inc, united states, u.s. 20 year treasury, jeff cox, markets, breaking news: markets, u.s. 2 year treasury, bonds, government debt, economic events, business news, prices, medium term notes, u.s. economy, u.s. 10 year treasury,
Source: https://www.cnbc.com/2024/01/18/10-year-treasury-yield-edges-lower-after-hitting-a-5-week-high.html