TL;DR CNBC

10-year Treasury yield hovers near 4.2%, its highest level since late July

Publishing timestamp: 2024-10-22 10:27:09

Summary

U.S. 10-year Treasury yield rose after Federal Reserve officials urged caution on interest rate cuts. Market is pricing in greater possibility that Fed will only cut rates once through remainder of year.

Sentiment: NEUTRAL

Tickers: US10Y,  US2Y, 

Keywords: breaking news: markets,  economic events,  bonds,  u.s. economy,  neel kashkari,  patrick harker,  san francisco,  united states,  u.s. 10 year treasury,  prices,  business news,  mary daly,  government debt,  markets, 

Source: https://www.cnbc.com/2024/10/22/10-year-treasury-yield-climbs-above-4point2percent-after-fed-commentary.html