TL;DR CNBC

Treasury yields little changed as investors look ahead to U.S. inflation data

Publishing timestamp: 2024-08-28 16:10:21

Summary

The U.S. 10-year Treasury yield remained steady as investors awaited key U.S. inflation report. Market participants are looking ahead to the release of U.S. personal consumption expenditures data to gauge the health of the economy. Federal Reserve officials are expected to cut rates at their next meeting, with traders pricing in a 63.5% chance of a 25-basis-point rate cut.

Sentiment: NEUTRAL

Tickers: US2Y,  US10Y, 

Keywords: u.s. economy,  business news,  government debt,  bonds,  prices,  markets,  economic events,  jerome powell,  breaking news: markets,  united states, 

Source: https://www.cnbc.com/2024/08/28/us-bonds-treasury-yields-in-focus-as-investors-await-inflation-data.html