Treasury yields inch up after Labor Department revises December inflation data lower
Publishing timestamp: 2024-02-09 12:09:41
Summary
The article discusses how U.S. Treasury yields inched up as investors considered revised consumer price index data showing slower inflation growth in December. Recent data releases indicate resilience in the economy and labor market, leading to expectations that the Federal Reserve will delay interest rate cuts. Some policymakers have suggested there may be fewer rate cuts than expected this year.
Sentiment: NEUTRAL
Keywords: treasury notes, economy, u.s. 10 year treasury, u.s. 2 year treasury, interest rates, neel kashkari, business news, prices, bonds, u.s. treasury bonds, government debt, treasury bills, economic outlook, u.s. economy, economic events,
Source: https://www.cnbc.com/2024/02/09/us-treasurys-investors-weigh-economic-data-fed-rate-outlook.html