Treasury yields fall as investors weigh state of U.S. economy
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U.S. Treasury yields fell on November 22, 2024, as investors assessed mixed economic data; 10-year Treasury yield down to 4.3982%, 2-year yield at 4.3345%; initial jobless claims at 213,000, below expectations; continuing claims rose to 1.908 million; Philadelphia Fed manufacturing index at -5.5, below estimate of +6.9; upcoming S&P Global PMI data and consumer sentiment report expected; Fed officials hint at potential interest rate cuts, with Chicago Fed President Austan Goolsbee advocating for more cuts but cautioning a slower pace.

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https://www.cnbc.com/2024/11/22/us-treasurys-investors-weigh-state-of-us-economy.html