2-year Treasury yield tops 5% after Powell cites lack of progress on inflation
Publishing timestamp: 2024-04-16 13:45:02
Summary
U.S. Treasury yields rose after Powell's comments on inflation not easing back to target, with 2-year yield topping 5%. Recent economic data and geopolitical tensions also impacting investor sentiment.
Sentiment: MIXED
Keywords: bonds, u.s. treasury bonds, economic events, government debt, u.s. 10 year treasury, economy, treasury notes, markets, breaking news: markets, prices, business news, u.s. economy, treasury bills, economic outlook, u.s. 2 year treasury, mary daly,
Source: https://www.cnbc.com/2024/04/16/us-treasury-yields-as-investors-weigh-interest-rate-outlook.html