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10-year Treasury yield falls as traders weigh economic data, look to next week's Fed meeting - TL;DR CNBC

10-year Treasury yield falls as traders weigh economic data, look to next week's Fed meeting

Publishing timestamp: 2024-07-25 16:19:17


Summary

The yield on the 10-year Treasury note declined as investors analyzed economic data ahead of the Federal Reserve meeting next week. GDP growth was stronger than expected, but manufacturing data fell below expectations. Markets are awaiting key inflation figures and hoping for hints about future interest rate cuts.


Sentiment: MIXED

Tickers: US10YUS2Y

Keywords: pricesu.s. treasury bondsu.s. 2 year treasurybusiness newsmarketstreasury billsbreaking news: marketsbondsu.s. economyunited statesu.s. 10 year treasurygovernment debteconomic eventstreasury notes

Source: https://www.cnbc.com/2024/07/25/us-treasury-yields-ahead-of-key-economic-data.html


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