Treasury yields were lower Thursday as investors analyzed a fresh batch of economic data and a flurry of speeches from Federal Reserve policymakers.
yield edged down on Thursday after Federal Reserve chair Jerome Powell said the central bank is in no hurry to slash interest rates.
The 10-year Treasury yield slipped 2 basis points to 4.437%, but still sat near a 4-month high. The yield on theThursday afternoon, during which he said there's no signs that the central bank needs to quickly cut interest rates. His words come after the Fed"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said in remarks for a speech to business leaders in Dallas.
The speeches come as investors and economists scrutinize what President-elect Donald Trump's return to the White House could mean for U.S. interest rates. It also follows inflation and employment data released Thursday morning. The producer price index for October increased 0.2% for the month, matching estimates from economists polled by Dow Jones. Initial jobless claims for the week that ended Nov. 9 came in at 217,000, a drop of 4,000 from the previous week, which pointed to a still-strong economy.
U.S. Economy Bonds Markets U.S. 10 Year Treasury Jerome Powell Prices Government Debt Economic Events United States Business News
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.
Bitcoin Fed Preview: Powell's Take on 'Trump Tariffs' Eyed Amid Anticipated 25bps Fed Rate CutOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »
10-year Treasury yield dips slightly as traders weigh up Fed officials' commentsThe 10-year U.S. Treasury yield wavered slightly on Wednesday as bond traders digested the latest comments from Federal Reserve officials this week.
Read more »
2-Year Treasury Yield: Upward Trend Suggests Waning Odds for Another Fed Rate CutMarket Overview Analysis by James Picerno covering: United States 2-Year. Read James Picerno's latest article on Investing.com
Read more »
10-Year Treasury Yield Wavers as Traders Weigh In On Fed CommentsThe 10-year U.S. Treasury yield fluctuated slightly on Wednesday as bond traders analyzed recent statements from Federal Reserve officials, who provided mixed signals about the future direction of interest rates.
Read more »
10-year Treasury yield climbs above 4.2% after Fed officials' commentaryThe U.S. 10-year Treasury yield extended gains early Tuesday after hitting its highest level since late July.
Read more »
10-year Treasury yield rises above 4.11% as investors monitor Fed speechesThe U.S. 10-year Treasury yield rose above 4.11% on Monday as investors awaited a flurry of speeches from Federal Reserve policymakers.
Read more »