Treasury yields continued to edge higher on early Friday as investors digested the latest jobs data and comments by officials of the Federal Reserve. Weekly jobless claims surprised economists Thursday by coming in at their lowest level since September 2022, in a further indication of the strength of the U.S. jobs market. The yield on
U.S. Treasury yields fell on Wednesday as investors considered what could be ahead for inflation and how this could affect interest rates and the overall economy. At 4:34 a.m. ET, the yield on the 10-year Treasury was down by more than two basis points to 3.9886% after hovering around the 4% mark throughout the beginning
The Federal Reserve’s monetary policy set the tone for the fixed income world in 2023 – right down to which exchange traded funds investors picked to take advantage of higher interest rates. The central bank’s rate-hiking campaign, which began in March 2022, resulted in the benchmark fed funds rate reaching a range of 5.25% to