U.S. Treasury yields were higher on Monday as uncertainty about the path ahead for monetary policy, as well as geopolitical concerns, continued.
U.S. Treasury yields were higher on Monday as investors assessed the economic outlook as uncertainty about the path ahead for monetary policy, as well as geopolitical concerns, continued.Yields and prices have an inverted relationship and one basis point equals 0.01%.. That would allow their impact to unfold, he said, adding that as long as interest rates remain restrictive, they will work to ease inflation and the economy.
Further remarks from Fed officials, including Fed Chairman Jerome Powell, are expected throughout the week. On the data front, investors will get fresh insights into the housing sector and retail sales figures are due Tuesday.and its implications, including for financial markets and the energy sector, continued as Israel is expected to begin a ground offensive into Gaza this week.
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