10-year Treasury yield leaps to highest level in more than 5 months after GDP report
Publishing timestamp: 2024-04-25 11:21:34
Summary
U.S. Treasury yields rose after first-quarter GDP report showed slowing growth and rising consumer prices, raising concerns about persistent inflation and potential rate cuts by the Federal Reserve. Markets are expecting interest rates to remain unchanged at the upcoming policy meeting, but will be watching for clues on future rate cuts.
Sentiment: MIXED
Keywords: u.s. 2 year treasury, economic outlook, u.s. 10 year treasury, economic events, economy, breaking news: markets, treasury notes, u.s. treasury bonds, business news, bonds, government debt, united states, u.s. economy, treasury bills,