US treasury yields dip as traders await Fed's rate decision due on Wed

Quick Summary:

The yield curve between two- and 10-year notes flattened by less than a basis point to 14.7 basis points.

Some analysts expect the possibility of new price pressures if the incoming Trump administration introduces new tariffs could also keep the Fed wary of cutting rates too far, too fast.

Fed Chair Jerome Powell has said the US central bank will continue to rely on the economic data when making its rate decisions.

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Category: BusinessFinance

Markets: India

Topics: US Fed Bond yields US economy US treasury yields

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 22:56:10 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 14 lines

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