2-year Treasury yield hits fresh 15-year high ahead of key labor market data

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The 2-year Treasury note reached levels last seen in 2007 as markets digested the Fed's rate hike and looked to the release of key labor market data.

The 2-year Treasury note reached a fresh 15-year high on Friday, as markets continued to digest the Federal Reserve's rate hike and looked ahead to the release of key labor market data.was last at 4.7464%, rising by more than four basis points and trading at a level not seen since 2007.

Fears of a looming recession fueled by the hikes have spread in recent weeks as the Fed's fight against persistently high inflation continues. On Friday, non farms payroll and unemployment figures for October will be released. As tightness in the labor market is a key driver of inflation, investors will be scanning the data for signs about the state of the U.S. economy and whether price rises are easing.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stocks open down, extend losses after Fed rate hike as investors weigh labor-market dataU.S. stocks opened lower Thursday, extending losses after the Federal Reserve's jumbo interest rate hike as investors weigh labor-market data. The Dow Jones...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »