TL;DR CNBC

Treasury yields slip after release of key inflation data for June

Publishing timestamp: 2024-07-26 13:22:08

Summary

U.S. Treasury yields fell after inflation gauge matched expectations, cementing case for September rate cut ahead of Fed's meeting next week. Markets pricing in 100% likelihood of rate cut in September. Mixed signals on state of U.S. economy with GDP growth surpassing estimates but manufacturing sector showing contraction.

Sentiment: NEUTRAL

Tickers: US10Y,  US2Y, 

Keywords: u.s. 2 year treasury,  business news,  treasury bills,  bonds,  u.s. economy,  u.s. treasury bonds,  u.s. 10 year treasury,  treasury notes, 

Source: https://www.cnbc.com/2024/07/26/2-year-treasury-yield-dips-as-investors-look-to-key-inflation-data.html