U.S. Treasury yields have been experiencing fluctuations amid growing concerns over inflation and economic growth. The 10-year Treasury yield, after reaching 4.67%, rose further to 4.73%, marking its highest level since November 1, 2023. This increase comes in the context of slowing U.S. economic growth and rising inflation as reported by the Commerce Department. Investors are now bracing for the possibility of the yield reaching or surpassing the 16-year high of 5% witnessed last October. The anticipation of these movements is largely driven by expectations of persistent inflationary pressures, highlighted by recent U.S. economic data indicating sticky price pressures in the first quarter. With just one interest rate cut now expected in 2024, discussions of more rate hikes have resumed.
As US inflation worries grow, some investors are preparing for the 10-year US Treasury yield to breach a 16-year high of 5% hit last October. More here: https://t.co/EkMwZLFD4C
Investors brace for 5% Treasury yields as US inflation worries mount https://t.co/PH8Lexj4Lb https://t.co/0koN48Ztxn
⚠️ ANALYSIS-INVESTORS BRACE FOR 5% TREASURY YIELDS AS US INFLATION WORRIES MOUNT Full Story → https://t.co/mxsn2CQ0gJ As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. https://t.co/eRiytUky22
BREAKING: The 10-year note yield rises to 4.73%, its highest level since November 1st, 2023. This puts the 10-year note yield ~100 basis points above its December 2024 low. With just 1 interest rate cut now expected in 2024, discussions of more HIKES are back. If tomorrow's… https://t.co/PSxpux5ByN
U.S. Treasury yields rose Thursday after the Commerce Department reported slowing growth in the U.S. economy and rising inflation, CNBC reports. https://t.co/OPCUOOhwyx
Treasuries slid as investors focused on signs of sticky price pressures in a reading of first-quarter US economic growth data. https://t.co/fUU3jrK1S5
Treasury yields steady ahead of U.S. GDP data that sets stage for inflation report https://t.co/0hfXnYELvs
Treasury yields dip ahead of gross domestic product, inflation data https://t.co/tPiaMcNSTj
10Y back up to 4.67%
Treasury yields rise as investors weigh economic outlook https://t.co/tC9v2d7lml
Treasury yields tick higher as crucial inflation report looms https://t.co/fNbHUu0XfM