Long-dated U.S. Treasury yields hold steady near their highest levels since 2007 and 2011.
Long-dated U.S. Treasury yields held steady near their highest levels since 2007 and 2011 Tuesday morning, ahead of a speech by Federal Reserve Chair Jerome Powell at the end of the week.
Powell’s speech “is likely to reinforce the ‘higher for longer’ message at this week’s Jackson Hole conference, but we don’t expect much commitment to a September hike or much change to the data dependent tone,” said Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York. “This will leave incoming data critical. We expect no more rate hikes this year and look for the Fed to start cutting rates starting in March 2024.
Later Tuesday Chicago Fed President Austan Goolsbee and Fed Gov. Michelle Bowman are scheduled to speak at 2:30 p.m. Eastern time.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
NZD/USD treads water around 0.5930, US bond yields hits its highest since 2007NZD/USD hovers around 0.5930 during the early hours of the Asian session on Monday, treading water to extend the gains registered in the previous trad
Weiterlesen »
Twitter erases photos from 2011-2014, users panicThe links that used Twitter’s URL shortener are also broken.
Weiterlesen »
Judge rejects special prosecutor to look into alleged misconduct by police, prosecutors in 2011 cop murderA Cook County judge denied a request Monday to have a special prosecutor investigate allegations that police and prosecutors hid evidence from lawyers for three men charged with the 2011 murder of a Chicago police officer.
Weiterlesen »
Long-term Treasury yields on track for fresh multi-year highsTen- and 30-year Treasury yields are on their way toward setting more multi-year highs as Federal Reserve Chairman Jerome Powell's Jackson Hole speech awaits.
Weiterlesen »
Asia markets largely set to rise as 10-year U.S. Treasury yield hits 16-year highThe benchmark 10-year Treasury note yield hit a high of 4.34%, reaching its highest level since November 2007.
Weiterlesen »
Asia markets largely rise as 10-year U.S. Treasury yield hits 16-year highThe benchmark 10-year Treasury note yield hit a high of 4.34%, reaching its highest level since November 2007.
Weiterlesen »