10-year Treasury yield inches up as investors await Jackson Hole meeting
U.S. Treasury yields were mixed as investors await signals on monetary policy from central bankers at the upcoming Jackson Hole meeting.
Topics
Posted 8/24/2023, 9:02:15 AM
cnbc.com
Relevant topic timeline:
Government bonds rallied as yields on longer-dated Treasurys retreated, while stock indexes closed mixed for the week and Bitcoin declined, with oil prices pushing higher and overseas stocks declining.
U.S. Treasury yields rise as investors await jobs report for insight into the economy and Fed's monetary policy decisions.
Treasury yields are on the move and investors should pay attention to where they might be headed next.
Euro zone government bond yields were mixed while money markets increased their bets on another rate hike by the European Central Bank, with investors split on whether the ECB will raise interest rates and money markets pricing in a higher chance of an ECB move by year-end.
U.S. Treasury yields remained steady as investors awaited fresh economic data and the conclusion of the Federal Reserve's September meeting, with expectations of unchanged interest rates but uncertainty about future policy.
The Federal Reserve's continued message of higher interest rates is expected to impact Treasury yields and the U.S. dollar, with the 10-year Treasury yield predicted to experience a slight increase and the U.S. dollar expected to edge higher.
U.S. Treasury yields dip slightly as investors await the Federal Reserve's interest rate decision and guidance, while the 10-year yield remains near 16-year highs.
Bond yields eased slightly on Friday after a turbulent week, as signs of the Federal Reserve keeping interest rates high for an extended period of time emerged.