Treasury Yields Edge Lower as Investors Await Key Jobs and Inflation Data
also slipped about 1 basis point to 3.163%. Yields move inversely to prices, and a basis point is equal to 0.01%.
The moves come as market participants assess the prospect of interest rate rises in Europe and closely monitor economic data that could shape the Federal Reserve's rate-hiking strategy.to bring an end to its net asset purchases and signal a rate hike in July to combat soaring inflation. The key question for investors is exactly how aggressive the shift will be over the coming months.
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