Treasury yields dip as uncertainty over rate cut outlook persists
Publishing timestamp: 2024-02-06 10:49:30
Summary
The article discusses how U.S. Treasury yields have decreased as uncertainty remains regarding the timing of interest rate cuts. Investors are concerned that high rates could lead to a recession, but recent strong economic data has added to these fears. Fed Chair Jerome Powell has dampened expectations of rate cuts happening in March, stating that they are likely to occur later in the year and at a slower pace than expected. Investors are looking for further insights into the future of monetary policy from upcoming speeches by Fed officials.
Sentiment: MIXED
Keywords: economic outlook, treasury notes, markets, government debt, treasury bills, u.s. treasury bonds, jerome powell, federal reserve bank, monetary policy, united states, business news, interest rates, u.s. 10 year treasury, u.s. 2 year treasury, u.s. economy, breaking news: markets, economy, prices, bonds, economic events,