10-year Treasury yield falls below 4% to 2-week low ahead of Fed interest rate decision
Publishing timestamp: 2024-01-31 11:47:20
Summary
The 10-year U.S. Treasury yield has declined below 4% as investors await the Federal Reserve's interest rate decision and guidance on monetary policy. The Fed is expected to keep rates unchanged, and recent economic data suggests easing pressures from higher prices. Investors are hoping for hints about the future path of monetary policy and interest rates. There is a 45% chance of a rate cut being announced at the next central bank meeting in March. The Fed has not ruled out the possibility of further interest rate hikes, depending on how the economy develops.
Sentiment: NEUTRAL
Keywords: jerome powell, treasury bills, business news, bonds, government debt, prices, treasury notes, breaking news: markets, inflation, monetary policy, markets, economic outlook, economic events, u.s. treasury bonds, u.s. economy, u.s. 2 year treasury, medium term notes, u.s. 10 year treasury, interest rates,
Source: https://www.cnbc.com/2024/01/31/us-treasury-yields-ahead-of-fed-interest-rate-decision.html