10-year Treasury yield tumbles ahead of Fed decision after CPI is unchanged in May
Publishing timestamp: 2024-06-12 13:20:44
Summary
U.S. Treasury yields fell after May inflation reading came in below expectations, leading to speculation of potential interest rate cuts by the Federal Reserve later in the year. Fed is expected to keep rates unchanged in current meeting.
Sentiment: NEUTRAL
Keywords: u.s. 10 year treasury, breaking news: markets, medium term notes, united states, federal reserve bank, business news, u.s. treasury bonds, treasury bills, central banking, economic events, bonds, u.s. 2 year treasury, treasury notes, markets, economy, government debt, prices, u.s. economy,
Source: https://www.cnbc.com/2024/06/12/us-treasury-yields-ahead-of-fed-decision-key-inflation-data.html