U.S. Treasury yields climbed on Monday, with the 10-year yield hovering just below the latest 15-year high it hit last week.
U.S. Treasury yields climbed on Monday, with the 10-year yield hovering just below the latest 15-year high it hit last week, as investors assessed the outlook for interest rates and awaited fresh economic data.was up by more than 5 basis points at 4.629%. It had reached 4.688% on Thursday, its highest level since Oct. 15, 2007.Sign up for NBC Philadelphia newsletters.Saturday night, less than three hours before the deadline.
Wall Street also weighed the outlook for the economy and monetary policy after Friday's release of the personal consumption expenditures price index, whichfor Federal Reserve monetary policy, especially on interest rates. Fed officials have indicated that a further interest rate hike may be necessary this year and rates are likely to stay higher for longer as policymakers work to ease the economy and cool persistent inflation.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10-year Treasury yield rises as investors weigh interest rate outlookU.S. Treasury yields climbed on Monday, with the 10-year yield hovering just below the latest 15-year high it hit last week.
Read more »
S&P 500 futures shed early gains as Treasury yields jump after shutdown avertedU.S. stock futures initially rose early Monday as traders started the new quarter in a positive mood, but surging Treasury yields halted the rally in its tracks
Read more »
UK Treasury chief says minimum wage up but rules out tax cuts, inflation stays highBritain’s Treasury chief is announcing a hike in the national minimum wage
Read more »
Treasury yields jump as Washington averts shutdownBond yields rose on Monday after a U.S. government showdown that could have damaged the economy was averted.
Read more »
Supreme Court's new term commences Monday: What you need to knowMajor cases await, as they always do, including several challenges to regulatory agencies and efforts to regulate social media platforms.
Read more »