Treasury yields hold steady as investors digest Fed rate decision
Publishing timestamp: 2023-02-02 16:21:43
Summary
Treasury yields held steady Thursday as investors assessed the Federal Reserve's interest rate decision and outlook for monetary policy. Jobless claims were lower than expected and tech stocks rallied on better-than-expected results from Meta. The Fed raised interest rates by 25 basis points, but indicated that rates would rise further, raising concerns about a potential recession. Earnings season continues with Apple, Alphabet and Amazon reporting on Thursday.
Sentiment: NEUTRAL
Keywords: central banking, u.s. 2 year treasury, interest rates, inflation, united states, u.s. treasury bonds, monetary policy, treasury bills, treasury notes, u.s. 10 year treasury, bonds, breaking news: markets, economic events, business news, economic outlook,
Source: https://www.cnbc.com/2023/02/02/treasury-yields-as-investors-digest-fed-rate-decision.html