10-year Treasury yield tops 4.6% for the first time in nearly a month
Publishing timestamp: 2024-05-29 12:47:33
Summary
U.S. Treasury yields rose as investors analyzed the state of the economy and reacted to a poor auction of five-year notes. Investors are awaiting economic data and Fed officials' remarks for clues on future interest rate decisions. Fed officials have indicated patience is needed before considering rate cuts.
Sentiment: NEUTRAL
Keywords: u.s. 10 year treasury, medium term notes, u.s. treasury bonds, economy, treasury notes, neel kashkari, breaking news: markets, treasury bills, bonds, prices, markets, business news, u.s. 2 year treasury, government debt, economic events, economic outlook, u.s. economy,
Source: https://www.cnbc.com/2024/05/29/us-treasurys-investors-weigh-state-of-economy.html