2-year Treasury yield rises as investors fret over interest rate outlook
Publishing timestamp: 2024-02-22 10:28:45
Summary
U.S. Treasury yields were mixed as investors considered the path ahead for interest rates following cautious comments from the Federal Reserve about cutting rates too soon. The minutes from the January meeting indicated that policymakers would be careful and not rush to cut rates, with concerns about moving too quickly and a desire for more confidence in inflation easing before any rate cuts. Despite higher than expected inflation data, investors are now expecting the first rate cut to take place in June rather than March.
Sentiment: MIXED
Keywords: u.s. 2 year treasury, u.s. treasury bonds, bonds, u.s. 10 year treasury, economic outlook, interest rates, federal reserve bank, business news, monetary policy, u.s. economy, inflation, treasury bills, treasury notes,
Source: https://www.cnbc.com/2024/02/22/us-treasury-yields-as-investors-fret-over-interest-rate-outlook.html