10-year Treasury yields falls after new data, strong bond auction
Publishing timestamp: 2024-05-09 15:57:49
Summary
Treasury yields fell after release of U.S. unemployment data and strong bond auction demand. Jobless claims at highest level since August. Investors uncertain about potential interest rate cuts this year. Fed officials indicate rates will likely remain steady until inflation reaches target range.
Sentiment: NEUTRAL
Keywords: prices, treasury bills, breaking news: economy, government debt, neel kashkari, treasury notes, economy, u.s. economy, u.s. treasury bonds, u.s. 10 year treasury, economic outlook, business news, bonds,
Source: https://www.cnbc.com/2024/05/09/us-treasurys-investors-consider-remarks-from-fed-officials.html