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
Keywords: interest rates, bonds, jerome powell, u.s. 2 year treasury, economy, u.s. treasury bonds, economic outlook, u.s. 10 year treasury, treasury notes, u.s. economy, prices, economic events, government debt, treasury bills, business news, monetary policy,
Source: https://www.cnbc.com/2024/03/07/us-treasury-yields-investors-fret-over-interest-rate-outlook.html