"Treasury Yields Slip Despite Strong GDP Data"

1 min read
Source: CNBC
"Treasury Yields Slip Despite Strong GDP Data"
Photo: CNBC
TL;DR

Treasury yields slipped as investors processed strong GDP data and awaited inflation readings, with the 10-year yield falling to 4.1085%. The U.S. economy grew at a 3.3% annualized rate in Q4, surpassing expectations, while core inflation slowed to 2.7%. Investors are monitoring the data for clues on potential Fed interest rate cuts, with some economists still expecting an early rate cut despite the robust GDP growth.

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