US Treasury yields hold steady ahead of fed rate decision, PCE inflation data and key US economic reports this week
US Treasury yields held steady as investors awaited the Fed rate decision on Wednesday and key US inflation, jobs and economic data due this week.
US Treasury yields remained mostly steady on Monday as investors awaited the Federal Reserve's interest rate decision and key economic reports. The 10-year Treasury yield rose slightly to 4.99%, while the 2-year yield increased by 2 basis points to around 4.7%. Investors are closely watching the Fed's decision and the upcoming PCE inflation data, which could provide insights into the direction of interest rates and the economy.
The Fed is expected to keep interest rates unchanged, but still signals potential future increases if inflation remains high.
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