Treasury yields fall as investors assess economic outlook

As the week continues, several key economic data reports will also be released, including gross domestic product figures on Thursday and the personal consumption expenditure price index on Friday. The PCE reflects how much consumers pay for products and is one of the Federal Reserve's favored inflation gauges.

It could therefore inform the central bank's next interest rate decision, which is expected to be announced on Feb. 1 at the conclusion of the Fed's next meeting. Investors have been fretting over whether the Fed will increase rates by 25 or 50 basis points as it continues its battle against persistently high inflation. Many are concerned that the pace of rate hikes implemented so far is leading the U.S. economy into a recession.

you really wrote an article about 1 and 2 bps?

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