"Market Watch: Treasury Yields React to Fed Rate Decision and Economic Data"
TL;DR
The 10-year Treasury yield fell as traders awaited the Federal Reserve's rate decision, with the 2-year Treasury yield rising. The Fed's January meeting began, and traders were uncertain about the outlook for monetary policy. The Conference Board's consumer confidence index increased, but job openings exceeded economists' forecasts.
Topics:businessfinance#10-year-treasury-yield#economic-data#federal-reserve#finance#interest-rates#monetary-policy
- 10-year Treasury yield falls as traders await Fed rate decision CNBC
- Long-term Treasury yields end the week higher despite mild PCE inflation data MarketWatch
- Treasury yields retreat ahead of key economic data CNBC
- Bond Traders Slightly More Optimistic on Fed After Mixed Data Yahoo Finance
- Interest Rates: 30-Year Yields are Calling Out Powell's Cuts Nasdaq
Want the full story? Read the original reporting
Read on CNBC