10-year Treasury yield continues June slide on signs of weak labor market
Publishing timestamp: 2024-06-04 13:36:36
Summary
U.S. Treasury yields slipped as investors analyzed economic data, with hopes of a potential interest rate cut by the Federal Reserve. Investors are awaiting the upcoming jobs report and ISM services index for further insights into the economy. Federal Reserve meeting next week will be closely watched for any hints on monetary policy. European Central Bank is expected to announce an interest rate cut this week.
Sentiment: NEUTRAL
Keywords: bonds, economy, treasury bills, markets, government debt, u.s. 2 year treasury, u.s. economy, breaking news: markets, business news, u.s. 10 year treasury, economic events, treasury notes, prices, medium term notes,
Source: https://www.cnbc.com/2024/06/04/us-treasurys-as-investors-weigh-state-of-the-economy.html