Treasury yields rise to start holiday week
Publishing timestamp: 2024-12-23 16:06:37
Summary
Treasury yields climbed on Monday as investors digested new economic data, including a drop in durable goods orders and a decrease in consumer confidence. Yields had jumped last week after the Federal Reserve reduced rate-cut projections, but cooled slightly after inflation data came in below expectations. Markets will be closed for Christmas holiday.
Sentiment: NEUTRAL
Keywords: treasury notes, u.s. 2 year treasury, treasury bills, government debt, business news, breaking news: economy, u.s. treasury bonds, prices, u.s. economy, austan goolsbee, jerome powell, bonds, u.s. 10 year treasury, economy, economic events,
Source: https://www.cnbc.com/2024/12/23/treasury-yields-slightly-higher-to-start-quiet-week-for-data.html