Treasury yields tick higher as investors look to Fed meeting
Publishing timestamp: 2024-03-18 12:27:18
Summary
U.S. Treasury yields remained steady as investors awaited the Federal Reserve's March meeting for clues on interest rates. Markets expect rates to remain unchanged, but hope for guidance on future rate cuts amid persistent inflation pressures. Fed policymakers are data-dependent and looking for evidence of easing inflation. Traders are pricing in a 58% chance of rate cuts in June. Additionally, building permit and housing start data is expected, and the Bank of England will make a decision on interest rates for the U.K.
Sentiment: NEUTRAL
Keywords: interest rates, government debt, markets, bonds, prices, treasury bills, u.s. 2 year treasury, medium term notes, u.s. treasury bonds, economy, monetary policy, economic events, business news, u.s. 10 year treasury, treasury notes, u.s. economy, breaking news: markets,
Source: https://www.cnbc.com/2024/03/18/us-treasury-yields-as-investors-look-to-fed-meeting.html