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10-year Treasury yield hovers near 4.2%, its highest level since late July - 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: US10YUS2Y

Keywords: breaking news: marketseconomic eventsbondsu.s. economyneel kashkaripatrick harkersan franciscounited statesu.s. 10 year treasurypricesbusiness newsmary dalygovernment debtmarkets

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


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