Treasury Prices and Yields React to GDP Data and Debt Ceiling Vote

TL;DR
Treasury prices fell after the latest US GDP data showed a deceleration in growth rate to 1.1% in the first quarter, below the seasonally adjusted increase of 2.6% in the 2022 fourth quarter, raising concerns about inflation and potential interest rate hikes.
- Treasury Prices Fall on Inflation Worries After GDP Data Barron's
- Treasury yields gain despite slower-than-expected GDP growth CNBC
- 1-month Treasury yields tumble ahead of possible debt ceiling vote Forex Factory
- 1-month Treasury bill rate falls to 3.8% amid possible vote in U.S. House on debt-ceiling bill MarketWatch
- Gold and Silver Bid Higher, Government Bond Yields Fall on Recession Fears DailyFX
Want the full story? Read the original reporting
Read on Barron's