Treasury yields bounce back from lowest levels since mid-December as investors monitor China's reopening and await this week's U.S. inflation data
Treasury yields bounced early Monday, with the 10-year rate rising from a roughly three-week low, as investors monitored China’s reopening and awaited remarks this week by Federal Reserve Chair Jerome Powell and a round of U.S. inflation data.
... Treasury yields bounced early Monday, with the 10-year rate rising from a roughly three-week low, as investors monitored China’s reopening and awaited remarks this week by Federal Reserve Chair Jerome Powell and a round of U.S. inflation data. Jobs data on Friday showing that wage growth slowed in December boosted expectations the Federal Reserve will slow the pace of rate increases in 2023.
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