Investors Analyze Economic Data as Bond Yields Fluctuate.
TL;DR Summary
U.S. Treasury yields fell as investors weighed the economic outlook and Federal Reserve monetary policy. Recent economic developments, including the debt ceiling crisis and prospects of a recession or further interest rate hikes by the Federal Reserve, were considered. The Fed is set to make its next interest rate policy announcement on June 14, just a day after the latest consumer inflation data is expected.
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