10-year Treasury yield jumps back above 4.5% after March inflation tops estimates
Publishing timestamp: 2024-04-10 12:01:35
Summary
The 10-year Treasury yield rose above 4.5% after March inflation data showed higher-than-expected numbers, leading to speculation of higher interest rates from the Federal Reserve. Stubborn inflation may delay rate cuts, with the Fed's latest meeting minutes and producer price index report coming up.
Sentiment: MIXED
Keywords: markets, bonds, economy, interest rates, breaking news: markets, u.s. economy, government debt, economic events, treasury notes, prices, u.s. 2 year treasury, business news, treasury bills, inflation, united states, u.s. treasury bonds, u.s. 10 year treasury,
Source: https://www.cnbc.com/2024/04/10/us-treasury-yields-ahead-of-consumer-inflation-data.html