Treasury yields fall as investors weigh economic data and Israel strike against Iran
Publishing timestamp: 2024-04-19 11:13:37
Summary
U.S. Treasury yields declined as investors assessed a strike by Israel against Iran, while also considering economic data and remarks from Federal Reserve officials. Uncertainty in the middle ground is not good for bonds, with interest rates expected to remain elevated for longer than previously anticipated. Fed officials have indicated that rate cuts may not come until the end of the year or even 2025.
Sentiment: MIXED
Keywords: government debt, u.s. 2 year treasury, bonds, u.s. 10 year treasury, u.s. economy, economy, treasury notes, neel kashkari, markets, breaking news: markets, prices, economic outlook, business news, treasury bills,