Treasury yields slide as investors weigh slowing growth fears
Publishing timestamp: 2024-09-03 13:04:11
Summary
U.S. Treasury yields dropped as investors evaluated economic data and looked ahead to key labor market reports. Concerns about slowing growth in the U.S. economy were bolstered by weak manufacturing production readings. Investors are closely watching upcoming job openings figures, private payrolls data, and the August jobs report for signals about the economic outlook. Markets are expecting an interest rate cut from the Federal Reserve later this month.
Sentiment: MIXED
Keywords: economic events, economy, united states, u.s. treasury bonds, business news, labor economy, u.s. 10 year treasury, u.s. economy, prices, government debt, bonds, markets, treasury notes, treasury bills, personnel, breaking news: markets, u.s. 2 year treasury,
Source: https://www.cnbc.com/2024/09/03/us-treasurys-investors-look-to-key-data-slated-for-the-week.html