2-year Treasury yield dips as investors await Fed meeting minutes
Publishing timestamp: 2024-02-21 09:42:31
Summary
U.S. Treasury yields declined as investors awaited release of minutes from Federal Reserve's last meeting, which could provide hints about future interest rates. Expectations for rate cuts have shifted to June after Fed Chairman Jerome Powell indicated rate cuts in March were unlikely. Economic data showing higher inflation has also impacted expectations. Investors are now looking for clues from Fed officials throughout the week.
Sentiment: NEUTRAL
Keywords: u.s. 10 year treasury, economic outlook, bonds, monetary policy, treasury bills, u.s. economy, u.s. 2 year treasury, u.s. treasury bonds, treasury notes, central banking, federal reserve bank, business news, interest rates,
Source: https://www.cnbc.com/2024/02/21/us-treasury-yields-as-investors-await-fed-meeting-minutes.html