US Treasury yields rise as inflation, labor, and consumer data complicate Fed rate-cut expectations
Markets are re-evaluating the path of US interest rates as conflicting data on inflation, labor, and consumer activity challenge expectations of rate cuts.
Update: This story updates earlier coverage: US Treasury yields rise as inflation, labor, and consumer data complicate Fed rate-cut expectations
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Key Points
- US rates path back in focus as inflation, labor and consumer data complicate Fed expectations.
- US 10-year Treasury yield was at 4.21, up 0.19% on the session.
According to Reuters, US rates path back in focus as inflation, labor and consumer data complicate Fed expectations. US 10-year Treasury yield was at 4.21, up 0.19% on the session.