Treasury yields dipped on Monday as investors looked to Fed speaker comments for hints about future rate policy and the central bank’s view on U.S. inflation.
U.S. Treasury yields dipped on Monday as investors looked to Federal Reserve speaker comments for hints about future interest rate policy and the central bank's view on the state of the U.S. economy.yield was last at 4.4979% after falling by close to three basis points.Fed officials speaking in recent days and last week have been indicating that interest rates will continue to rise.
That comes after recent economic data suggested that inflationary pressures were easing, which led many investors to believe that the central bank would pause or slow rate hikes.
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