Treasury yields rise as investors weigh latest economic data
Publishing timestamp: 2023-02-09 15:49:40
Summary
Treasury yields rose on Thursday as stocks sold off. Weekly jobless claims were higher than expected, prompting investors to bet that the job market could cool enough to prompt the Federal Reserve to slow interest rate hikes. Fed Governor Christopher Waller indicated on Wednesday that interest rates could rise by more than investors are expecting, echoing the tone struck by other Fed speakers earlier this week.
Sentiment: MIXED
Keywords: treasury notes, jerome powell, bonds, economic events, breaking news: markets, u.s. 2 year treasury, u.s. 10 year treasury, interest rates, central banking, federal reserve bank, united states, treasury bills, u.s. treasury bonds, neel kashkari, business news, economic outlook,
Source: https://www.cnbc.com/2023/02/09/treasury-yields-dip-as-investors-digest-fed-speaker-comments.html