10-year Treasury yield little changed after unemployment rate ticks up in February jobs report
Publishing timestamp: 2024-03-08 12:02:38
Summary
The 10-year U.S. Treasury yield remained flat after a strong February jobs report showed solid employment growth but also an increase in the unemployment rate. The conflicting signals about the state of the U.S. economy are causing uncertainty among investors and policymakers, with the Federal Reserve still cautious about cutting rates despite concerns about inflation.
Sentiment: MIXED
Keywords: u.s. 10 year treasury, u.s. treasury bonds, economy, personnel, business news, breaking news: markets, u.s. 2 year treasury, economic outlook, economic events, markets, government debt, jerome powell, treasury bills, treasury notes, prices, u.s. economy, bonds, united states, labor economy,
Source: https://www.cnbc.com/2024/03/08/us-treasury-yields-ahead-of-february-jobs-report.html