Treasury yields hold steady as investors weigh economic data, Fed rate outlook
==========

U.S. Treasury yields were little changed on Friday as investors weighed fresh economic data and considered the path ahead for interest rate cuts by the Federal Reserve. The yield on the  was flat at 4.1715% and the yield on the  was steady at 4.4651%. Initial weekly jobless claims data released Thursday came in at 218,000 — less than the 220,000 economists expected. Fed officials have dashed investor hopes of a rate cut as early as March, with Minneapolis Fed President Neel Kashkari anticipating two or three rate cuts in 2024. No key economic data is due Friday, but investors are looking ahead to major data releases next week including January's consumer price index.

#TreasuryYields #EconomicData #FederalReserve #InterestRates #JoblessClaims #RateCuts #ConsumerPriceIndex

https://www.cnbc.com/2024/02/09/us-treasurys-investors-weigh-economic-data-fed-rate-outlook.html