The 10-year Treasury yield ticked up marginally on Monday as investors looked ahead to fresh data and central bank commentary after closing out a week of gains.
The 10-year Treasury yield ticked higher on Monday as investors looked ahead to fresh data and central bank commentary after closing out a week of gains.
The yield on the 10-year Treasury note rose 3.5 basis points to 4.461%. The 2-year Treasury yield traded less than a basis point higher at 4.308%.Investors are continuing to digest comments from Federal Reserve Chair Jerome Powell, who suggested late last week that the central bank may be less aggressive in its rate-cutting agenda going forward.
It comes as inflation was seen ticking up slightly in October, and as President-elect Donald Trump's anticipated fiscal policies weigh on the wider economic outlook. Looking ahead, investors will be focused a speech due from Fed policymaker Austan Goolsbee later Monday. The comments come ahead of the release of Fed minutes later this week.Elsewhere, fresh housing, consumer confidence and manufacturing data are all on the docket this week, with initial jobless claims on Thursday.
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.
Spurs Starter, Monday, November 12, 2024: Spurs Set Record Against Kings on MondayYour daily briefing on what's going on with the San Antonio Spurs, including news, draft and more.
Read more »
10-year Treasury yield ticks up slightly following week of gainsThe 10-year Treasury yield ticked up marginally on Monday as investors looked ahead to fresh data and central bank commentary after closing out a week of gains.
Read more »
10-year Treasury yield rises as traders see Trump having edge in electionBond yields could see a big pop in the event of a Trump win as more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.
Read more »
U.S. 10-year Treasury yield falls as investors look to key inflation dataThe 10-year Treasury yield fell on Wednesday as investors looked to key inflation readings and other economic data due later this week.
Read more »
10-year Treasury yield slides after tame inflation reportInvestors assessed a key inflation reading ahead of more economic data set to release later 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 »