U.S. 10 Year Treasury
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As the Fed gears up for rate cuts, here’s what income investors need to do
With Federal Reserve rate cuts expected to begin in September, income investors may want to make sure their portfolio is in check. On Friday at the Fed’s annual retreat in Jackson Hole, Wyoming, Chair Jerome Powell said, “The time has come for policy to adjust.” However, he didn’t specify the exact timing and the magnitude […]
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World
Treasury yields rise as traders await Powell remarks
The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury climbed more than 5 basis points at 3.835%, while the yield on the 2-year Treasury added roughly 5 basis point higher at 3.976%. Yields and prices move in opposite directions. […]
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