U.S. Treasury yields move higher as traders digest Trump win, await key data
Publishing timestamp: 2024-11-12 16:07:18
Summary
U.S. Treasury yields rose as investors analyzed the impact of President-elect Donald Trump's victory on interest rates. Traders are also awaiting key inflation data later in the week. The market is pricing in a 65% chance of another interest rate cut in December. Investors are considering how Trump's economic pledges could affect interest rates in the long term. Inflation data will be closely watched for clues about the health of the economy.
Sentiment: NEUTRAL
Keywords: economic events, u.s. treasury bonds, economy, breaking news: markets, united states, u.s. economy, treasury bills, breaking news: economy, u.s. 10 year treasury, bonds, government debt, donald trump, treasury notes, prices, u.s. 2 year treasury, business news,
Source: https://www.cnbc.com/2024/11/12/us-treasury-yields-investors-anticipate-key-economic-data.html