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Treasury yields are flat as investors weigh economic data, interest rate outlook - TL;DR CNBC

Treasury yields are flat as investors weigh economic data, interest rate outlook

Publishing timestamp: 2024-06-06 13:44:35


Summary

U.S. Treasury yields remained steady as investors considered economic data and the possibility of interest rate cuts. The European Central Bank announced a rate cut, putting pressure on the U.S. Federal Reserve to do the same. Investors are awaiting the May jobs report for further insights into the labor market.


Sentiment: NEUTRAL

Tickers: US10YUS2Y

Keywords: marketstreasury notesbreaking news: marketsu.s. economyu.s. treasury bondsunited statesbusiness newsu.s. 10 year treasurylabor economyu.s. 2 year treasurybondseconomyeconomic eventseconomic outlooktreasury bills

Source: https://www.cnbc.com/2024/06/06/us-treasurys-investors-weigh-economic-data-interest-rate-outlook.html


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