Treasury yields fall after Fed minutes point to September rate cut
Publishing timestamp: 2024-08-21 16:05:33
Summary
The U.S. 10-year Treasury yield dipped after Fed meeting minutes suggested a rate cut may be coming. Markets are expecting a rate decrease in September, with uncertainty about the economy still lingering. Investors are also monitoring comments from Fed officials at the Jackson Hole symposium.
Sentiment: MIXED
Keywords: jerome powell, prices, medium term notes, business news, u.s. economy, government debt, treasury bills, economic events, bonds, breaking news: markets, economy, treasury notes, u.s. treasury bonds, united states, markets, u.s. 2 year treasury, u.s. 10 year treasury,
Source: https://www.cnbc.com/2024/08/21/us-treasurys-ahead-of-fed-meeting-minutes-release.html