Treasury yields are little changed as traders assess fresh inflation data
Publishing timestamp: 2024-04-11 12:44:44
Summary
Treasury yields remained flat as traders analyzed new U.S. inflation data to determine when the Federal Reserve may start cutting interest rates. The March producer price index came in lower than expected, providing some relief for investors concerned about inflation. However, the data is still uncertain and the Fed is expected to take its time with rate cuts. Markets are now pricing in rate cuts to start in September instead of June.
Sentiment: NEUTRAL
Keywords: interest rates, treasury bills, medium term notes, u.s. economy, inflation, markets, business news, breaking news: markets, government debt, economic outlook, economy, treasury notes, u.s. treasury bonds, prices, u.s. 2 year treasury, economic events, u.s. 10 year treasury, bonds,
Source: https://www.cnbc.com/2024/04/11/us-treasury-yields-as-investors-digest-inflation-data.html