Treasury yields slip after the release of fresh manufacturing data
Publishing timestamp: 2024-04-23 12:34:12
Summary
U.S. Treasury yields fell as investors awaited economic data reports. S&P Global's manufacturing PMI came in below 50, indicating economic contraction. Further data throughout the week could impact Federal Reserve's decision on interest rates. Economists expect economy to have grown at 2.4% in first quarter. Fed policymakers have suggested no rush to cut rates.
Sentiment: NEUTRAL
Keywords: economy, bonds, government debt, treasury notes, treasury bills, prices, business news, economic events, u.s. treasury bonds, u.s. 10 year treasury, u.s. 2 year treasury, u.s. economy,
Source: https://www.cnbc.com/2024/04/23/us-treasury-yields-investors-look-to-fresh-data.html