10-year Treasury yield little changed after touching 2024 high
Publishing timestamp: 2024-04-03 13:49:01
Summary
The 10-year Treasury yield was near flat after briefly reaching a new high for the year. Private payroll data showed more growth than expected, leading investors to closely monitor clues from Fed policymakers about expected interest rate cuts in 2024. Fed officials have differing opinions on the timing of rate cuts, with some expecting cuts later in the year.
Sentiment: NEUTRAL
Keywords: prices, economic events, bonds, jerome powell, markets, central banking, u.s. 2 year treasury, u.s. 10 year treasury, world economy, government debt, business news, mary daly, breaking news: markets, medium term notes,
Source: https://www.cnbc.com/2024/04/03/us-treasury-yields-in-focus-as-investors-track-economic-data.html