U.S. Treasury yields in focus as investors track economic data

The 10-year Treasury yield ticked lower after briefly reaching a new high for the year on Wednesday. The benchmark rate slipped nearly 2 basis points to 4.349%. At one point, the yield traded at its highest level back to late November.  The 2-year Treasury note yield lost almost 3 basis points, last sitting at 4.674%. … Read more

Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates

Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California.  Justin Sullivan | Getty Images Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation, keeping the timing of … Read more

A projection is not a promise

The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up … Read more

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

The U.S. economy is humming along

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Wall Street surgesThe S&P 500 soared to new highs on Thursday … Read more

Worries over rate cuts persist

Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Wariness over rate cuts lingers

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more

Is the final leg of inflation fight the hardest?

Patrons shop for produce at a Mr. Pina Market in the Brooklyn borough of New York, US, on Tuesday, Dec. 26, 2023.  Victor J. Blue | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more

Is the battle against inflation getting tougher?

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more