Long-term Treasury yields remain near their highest levels in a dozen years or more as last week's Federal Reserve decision weighs on the outlook.
Long-term Treasury yields remained near their highest levels in a dozen years or more on Tuesday as last week’s Federal Reserve decision and subsequent comments by officials weighed on the outlook.
Meanwhile, JPMorgan Chase & Co. Chief Executive Jamie Dimon suggested to The Times of India that rates could go as high as 7%, which may have added to some bearish sentiment. However, buyers also emerged, pushing the 10-year yield back down a few basis points on the day to around 4.52%. Traders are looking ahead to the Fed’s favored inflation gauge, the core personal consumption expenditure price index for August, which will be published on Friday.
In U.S. economic updates on Tuesday, the S&P Case-Shiller 20-city home price index rose 0.9% in July. Consumer confidence declined to four-month low, while new home sales fell to a 675,000 annual rate in August versus a revised 739,000 in the previous month.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields volatile after hitting highest level since 2007The benchmark Treasury yield hit a fresh 16-year peak early Tuesday in choppy trading as Fed rate hike comments continued to be absorbed.
Read more »
US yields hit 2007 levels as Fed signals, shutdown fears stoke angst By ReutersUS yields hit 2007 levels as Fed signals, shutdown fears stoke angst
Read more »
Investigation into Karen Bodine's 2007 unsolved killing kept alive by her daughters, Olympia detectivesTwo women are working to keep the investigation of their mother's unsolved killing in Thurston County alive 16 years later.
Read more »
Man sentenced to life again in 2011 slaying of aspiring rapper in New JerseyA man has been sentenced for the second time to life in prison in the murder of an aspiring rapper authorities said was shot and killed before his body was set on fire in New Jersey a dozen years ago.
Read more »
The Twilight Saga: Breaking Dawn- Part 1 (2011)The fourth film in the Twilight film franchise, The Twilight Saga: Breaking Dawn - Part 1, sets up the finale for the adaptation of the popular book series. Following the wedding of Edward and Bella, the two are soon with child, but its unnatural rate of growth begins to threaten Bella's life, as well as strike fear into the hearts of the wolves. However, a greater threat marches ever closer for the residents of Forks.
Read more »
Black Mirror (2011) | ScreenRantBlack Mirror is a sci-fi anthology TV series that shows the dark side of life and technology. The series was created by Charlie Brooker, with the first season premiering on British Channel 4 in 2011. Black Mirror is notable for its dark, satirical edge that provides social commentary, particularly in continuously evolving technology. Each episode has a different cast, location, and even reality as it further explores the themes of technological advancement and its potential positives and repercussions of overreliance on it.
Read more »