Treasury yields rise slightly as investors digest solid jobs data
Publishing timestamp: 2023-01-05 09:30:01
Summary
Treasury yields reversed and moved higher on Thursday as investors assessed expectations for Federal Reserve's interest rate policy plans after strong jobs data. Fed's December meeting minutes indicated that central bank officials are expecting rates to stay elevated and not be cut in 2023. Balance of trade figures for November are due to be released on Thursday, with several key employment data points expected later in the week.
Sentiment: NEUTRAL
Keywords: united states, central banking, treasury bills, interest rates, u.s. treasury bonds, u.s. 10 year treasury, business news, u.s. 2 year treasury, bonds, monetary policy, treasury notes, federal reserve system, breaking news: markets,
Source: https://www.cnbc.com/2023/01/05/us-treasury-yields-investors-mull-over-fed-rate-policy-outlook.html