U.S. Treasury yields rose on Wednesday, with the 10-year Treasury yield trading at levels last seen in 2007.
U.S. Treasury yields were little changed Wednesday, with the 10-year Treasury yield trading around levels last seen in 2007, as investors fretted over the potential for tighter Federal Reserve monetary policy for longer than expected.was up slightly at 4.808%. Earlier in the day, it rose to a high of 4.884% after first crossing the 4.8% mark on Tuesday — reaching levels last seen in 2007.yield also hovered at levels last seen in 2007 and was last less than one basis point lower at 4.935%.
Ukraine war live updates: Questions arise over U.S. aid to Ukraine after McCarthy ouster; Russia, Ukraine down dozens of dronesIn recent weeks, there have been mixed messages from Fed officials about whether interest rates will need to go higher still this year. However, they have widely suggested that rates will likely need to remain elevated for longer than previously expected, prompting renewed concerns about higher rates leading to a recession.
Further data that could inform the Fed's monetary policy decisions is expected as the week continues. This includes ADP's employment change figures and ISM's purchasing managers' index report for the service sector on Wednesday, as well as September's nonfarm payrolls data on Friday.
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.
10-year Treasury yield rises to 4.74%, the highest since 2007U.S. Treasury yields were little changed on Tuesday as investors considered the state of the economy as they awaited data that could inform monetary policy.
Read more »
JPMorgan's top analysts see similarities to 2007 By Investing.comJPMorgan's top analysts see similarities to 2007
Read more »
Renewed bond-market selloff puts popular ETF on track for lowest close since 2007October kicks off with renewed bond rout, pushing up yields and putting a popular fixed-income ETF on track for its lowest close since 2007.
Read more »
Türkiye neutralises mastermind of 2007 PKK terror attackMuzdelif Taskin, responsible for orchestrating the 2007 assault in Daglica that resulted in the death of 12 soldiers and injuries to 16 others, conducted operations on behalf of the PKK in multiple areas within Iraq and Türkiye.
Read more »
10-year Treasury yield touches fresh 16-year highU.S. Treasury yields rose on Wednesday, with the 10-year Treasury yield trading at levels last seen in 2007.
Read more »