6 December 2023
US Treasury yield fell after economic data showed labor demand fell to a 2-year low. US JOLTs Job Openings recorded job openings in the world's largest economy at only 8.733 million in Oct., less than expected and also lower than the previous month at around 9.3 million.
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5 December 2023
The US Treasury yield raised ahead of the Nonfarm Payroll report later this week. The 10-year US Treasury yield rose 4 basis points to 4.266%, with some arguing that the recent decline in yields is due to the market pricing in a Fed rate cut too soon.
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4 December 2023
Federal Reserve Chairman Jerome Powell warned against "premature" bets on rate cuts as Treasury yields were pressured by growing expectations for sooner rate cuts.
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1 December 2023
The PCE price index, which is the Fed's favorite measure of Inflation, on a monthly basis slowed to a 0% pace in October, compared to the forecast of 0.1% and from 0.4% last month; on an annual basis it fell to 3.4% from 3.7% in the previous period.
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29 November 2023
Investors digested divergent comments from several Federal Reserve officials; while economic data related to consumer behavior contributed positive sentiment.
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