Treasury yields hold steady as investors weigh state of economy
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U.S. Treasury yields were little changed on Wednesday as investors considered the state of the economy and outlook for interest rates. At 4:16 a.m. ET, the yield on the [10-year Treasury note](https://www.cnbc.com/quotes/?symbol=US10Y) was up by less than one basis point to 4.1672%. The yield on the [30-year Treasury bond](https://www.cnbc.com/quotes/?symbol=US30Y) was last at 4.4485% after rising by less than one basis point. Investors considered economic data and comments from Federal Reserve officials slated for the week after central bank Chairman Jerome Powell earlier this week said interest rates would likely be cut before inflation reaches 2%. One more set of inflation data — the personal consumption expenditures price index — is due before the Fed meets at the end of the month, when investors are hoping to get hints that rate cuts could begin in the coming months. Several fed policymakers are expected to give remarks this week, including on Wednesday. Also on Wednesday, fresh data could provide hints about the state of the economy, with the latest building permit and housing start figures due to be released.

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https://www.cnbc.com/2024/07/17/us-treasurys-as-investors-weigh-state-of-economy.html