U.S. Treasury yields fell again on Thursday.
U.S. Treasury yields slipped once again on Thursday after the latest inflation data showed an unexpected drop.slid around 3 basis points to 4.264%. The benchmark note yield also hit its lowest level since April 1, briefly trading at 4.24%yield also fell more than 5 basis points at 4.695%. Yields and prices move in opposite directions and one basis point is equivalent to 0.01%.of 0.2% in May. That can be welcome news for investors looking for signs of cooling inflationary pressures.
Weekly jobless claims data also published Thursday came in at 242,000, well above the 225,000 forecast from economists. That can offer another positive indicator for those hoping the Federal Reserve has seen enough evidence that elevated interest rates have tightened the economy.at 5.25%-5.50% and suggested it would lower rates just once later this year, down from three rate cuts forecast in March. The U.S.
Markets Breaking News: Markets Bonds U.S. 10 Year Treasury U.S. 2 Year Treasury Prices Government Debt Medium Term Notes Economic Events Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Your SoCal Weather Report For Thursday, May 23: More May GrayGillian Morán Pérez is an assistant producer for LAist 89.3.
Read more »
Breaking: US annual PPI inflation declines to 2.2% in MayThe Producer Price Index (PPI) for final demand in the US rose 2.2% on a yearly basis in May, the data published by the US Bureau of Labor Statistics showed on Thursday.
Read more »
China CPI inflation disappoints in May, PPI shrinks at slower paceChina CPI inflation disappoints in May, PPI shrinks at slower pace
Read more »
PPI surprises on the upside, but CPI may not follow suitUS producer price data for April surprised on the upside, suggesting that inflation pressure at the start of the inflation pipeline could be building once again.
Read more »
How to celebrate Memorial Day, MeadowGrass Festival, and more things to do this weekendBest Bets for the week of Friday, May 24, through Thursday, May 30
Read more »
Election InformationEarly Voting: Monday, May 20 - Friday, May 24; Election Day: Tuesday, May 28
Read more »