10-year Treasury yield pulls back after Q4 GDP shows slowing inflation, strong growth
Publishing timestamp: 2024-01-25 09:46:55
Summary
The article discusses how Treasury yields fell after a report showed faster than expected economic growth in the fourth quarter did not push inflation higher. The yield on the benchmark 10-year Treasury note dropped, while the yield on the 2-year Treasury note also dipped. The article also mentions that the weekly labor market report suggests the job market may be slackening. Auctions for Treasury bills and notes are also mentioned.
Sentiment: NEUTRAL
Tickers: US30Y, US7Y, US5Y, BND, US10Y, AGG, US2Y,
Keywords: world markets, u.s. 5 year treasury, bonds, ishares core u.s. aggregate bond etf, medium term notes, markets, government debt, prices, u.s. 10 year treasury, breaking news: markets, central banking, united states, bitcoin, u.s. 30 year treasury, economic events, vanguard total bond market index fund etf shares, u.s. 7 year treasury, business news, u.s. 2 year treasury,
Source: https://www.cnbc.com/2024/01/25/treasury-yields-fall-ahead-of-economic-growth-numbers.html