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CBOE Interest Rate 10 Year T No (^TNX)
| Previous close | 4.6520 |
| Open | 0.0000 |
| Volume |
| Day's range | 0.0000 - 0.0000 |
| 52-week range | |
| Avg. volume | 0 |
ReutersInvestors brace for 5% Treasury yields as US inflation worries mount
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. Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode expectations for how deeply the Federal Reserve will be able to cut interest rates without further fueling consumer prices. Many investors are betting further weakness lies ahead for bonds.
- Reuters
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes
U.S. stocks slumped on Thursday as most megacaps fell after Meta Platforms' quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. Meanwhile, U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Fed would not cut interest rates before September.
Barrons.comThe Next Level to Watch on Treasury Yields
The yield on a 10-year Treasury note, an economic indicator, has climbed to its highest level in a year on the back of strong inflation and labor market data. The release of personal consumption expenditure data on Friday could decide the next move in yields.
