Treasury yields rise as traders await key U.S. economic data
Publishing timestamp: 2024-04-24 11:20:45
Summary
U.S. Treasury yields rose as investors awaited economic data to assess potential Federal Reserve rate cuts. Recent data suggests economy may be easing slightly, with more data expected later in the week. Fed officials have appeared cautious about timeline for rate cuts, leading to questions about potential fewer cuts than anticipated this year.
Sentiment: NEUTRAL
Keywords: u.s. 10 year treasury, treasury bills, business news, economic events, treasury notes, u.s. 2 year treasury, united states, economy, government debt, u.s. economy, bonds, u.s. treasury bonds,
Source: https://www.cnbc.com/2024/04/24/us-treasury-yields-as-investors-weigh-economic-outlook.html