10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal Reserve policymakers. The 10-year Treasury yield traded nearly 2 basis points higher at 4.469%, while the yield on the 2-year Treasury rose around 2 basis points to 4.301%.
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
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