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10-year Treasury little changed after ECB cuts inflation outlook - TL;DR CNBC

10-year Treasury little changed after ECB cuts inflation outlook

Publishing timestamp: 2024-03-07 11:44:28


Summary

The 10-year U.S. Treasury yield remained flat as investors considered the outlook for interest rates following comments from Federal Reserve Chairman Jerome Powell and international inflation updates. Powell reiterated the Fed's cautious approach to interest rate cuts and stated that rate cuts are expected to begin later this year if the economy develops as anticipated.


Sentiment: NEUTRAL

Tickers: US10YUS2Y

Keywords: interest ratesbondsjerome powellu.s. 2 year treasuryeconomyu.s. treasury bondseconomic outlooku.s. 10 year treasurytreasury notesu.s. economypriceseconomic eventsgovernment debttreasury billsbusiness newsmonetary policy

Source: https://www.cnbc.com/2024/03/07/us-treasury-yields-investors-fret-over-interest-rate-outlook.html


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