10-year Treasury yield rises as markets digest comments by Fed officials
Publishing timestamp: 2024-07-18 16:08:11
Summary
The 10-year U.S. Treasury yield rose as investors considered comments from Federal Reserve officials, with a September interest rate cut now more likely than one in July. Jobless claims data indicated a cooling economy, leading to speculation about future rate cuts. Federal Reserve officials have expressed willingness to cut rates if necessary, with a focus on inflation levels.
Sentiment: MIXED
Keywords: u.s. 2 year treasury, bonds, cme group inc, u.s. 10 year treasury, business news, u.s. treasury bonds, u.s. economy, breaking news: markets, prices, government debt, markets, jerome powell, economic events, treasury notes, economy, treasury bills, medium term notes,