Steve Liesman

10-year Treasury yield slip further after Fed’s ‘big shift’

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The 10-year Treasury note yield slipped further on Monday, as the final full trading week of 2023 gets underway. Traders continue to digest the unexpectedly dovish tone of the U.S. Federal Reserve last week. The central bank held its key interest rate steady and revealed that policymakers were penciling in at least three rate cuts next … Read more

investors digest interest rate outlook

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The 10-year Treasury note yield slipped Friday, adding to its sharp downturn this week, as traders brace for possible Federal Reserve rate cuts next year. The yield on the 10-year Treasury was lower by less than one basis point at 3.927%. It had fallen below the 4% level for the first time since August on … Read more