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10-year yield steady around 4.14% after another encouraging inflation report - TL;DR CNBC

10-year yield steady around 4.14% after another encouraging inflation report

Publishing timestamp: 2024-01-26 11:37:22


Summary

The 10-year U.S. Treasury yield remained unchanged as investors analyzed positive inflation data, indicating that the Federal Reserve may cut rates later this year. The inflation reading was encouraging, and coupled with strong GDP data, suggests that the economy is growing. Investors are monitoring economic data for clues on when the Fed will cut interest rates. However, the Fed should not declare "mission accomplished" as there is still work to be done.


Sentiment: NEUTRAL

Tickers: AGGUS5YUS10YUS2YBNDUS30YUS7Y

Keywords: world marketsbusiness newseconomic eventspricesishares core u.s. aggregate bond etfu.s. 30 year treasurymedium term notesbondsu.s. 7 year treasurygovernment debtcentral bankingmarketsu.s. 5 year treasuryunited statesu.s. 2 year treasuryu.s. 10 year treasuryvanguard total bond market index fund etf sharesbreaking news: marketsbitcoin

Source: https://www.cnbc.com/2024/01/26/10-year-treasury-yield-slips-as-investors-digest-bumper-gdp-data.html


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