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🟥Treasury yields fall as investors digest Powell comments
U.S. Treasury yields were lower on Tuesday as investors weighed comments from Federal Reserve Chairman Jerome Powell on the outlook for the economy and interest rates.
At 3:04 a.m. ET
🔹The yield on the 10-year Treasury was down by over three basis points to 4.1983%.
🔹The 2-year Treasury yield was last more than one basis point lower to 4.4404%.
🔹Yields and prices move in opposite directions and one basis point equals 0.01%.
Friday's breaking news
News Type : Core PPI M/M
Currency : USD🇺🇸
Time : 15:30
Effects : ⭐
Previously : 0.0%
Forecast : 0.2%
———————————————
News Type : PPI m/m
Currency : USD🇺🇸
Time : 15:30
Effects : ⭐
Previously : -0.2%
Forecast : 0.1%
———————————————
News Type : Prelim UoM Consumer Sentiment
Currency : USD🇺🇸
Time : 15:30
Effects : ⭐
Previously : 68.2
Forecast : 86.5
———————————————
Moscow Time Zone
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SL__2366
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Buy BTCUSD Now At 58100
Buy limit at 57555
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