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Jobs, inflation data may break the US Treasury market out of narrow range
A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since mid-June, as the market digested data showing slowing inflation and signs of cooling economic growth in some indicators. So far, the economic numbers have failed to dispel doubts over how deeply the Fed will be able to cut interest rates this year, keeping Treasury yields range-bound.

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Rockwell Automation Declares Quarterly Dividend at $1.25 Per Share on Common Stock

Latest stories

Warren Buffett believes the vast wealth gap in America is due to 1 'inevitable consequence'

Aussie banks issue cashless warning: ‘Going digital’

Australia Wealth Fund Picks Hedge Funds Over Bonds to Weigh Risk

Insiders At RTX Sold US$4.2m In Stock, Alluding To Potential Weakness

The Most Expensive Men’s Perfume in the World

Swedish Exchange Highlights: Three Growth Companies With High Insider Ownership

Mortgage costs to jump for 3m more households, says Bank of England

Here's the Net Worth of Married Couples by Age: How Do You Stack Up?

Micron Technology, Inc. (NASDAQ:MU) Q3 2024 Earnings Call Transcript

Nvidia Retail Craze Unleashes Big Moves in the World of ETFs

NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Retired Florida couple saved $100K by ‘going bare’ on home insurance — is this money-saving hack worth the risk?

DJT stock jumps then nosedives after first presidential debate between Trump and Biden

Chewy stock spikes, then retreats, after 'Roaring Kitty' posts cryptic picture of dog on X

Grange Resources' (ASX:GRR) investors will be pleased with their solid 134% return over the last five years

Japan’s Topix Index Reaches Highest Intraday Level Since 1990

Yen Falls Through 161 Per Dollar, Putting Intervention in Focus

Tesla Is Spending $48 Billion on Elon Musk — What New Investors Should Know

Jobs, inflation data may break the US Treasury market out of narrow range