U.S. Treasury yields climbed on Monday, with the 10-year yield hovering just below the latest 15-year high it hit last week.
U.S. Treasury yields climbed on Monday, with the 10-year yield hovering just below the latest 15-year high it hit last week, as investors assessed the outlook for interest rates and awaited fresh economic data.was up by over four basis points to 4.6186%. It had reached 4.688% on Thursday, its highest level since Oct. 15, 2007.Sign up for NBC LA newsletters.
Investors weighed the outlook for the economy and monetary policy after Friday's release of the personal consumption expenditures price index, which The core PCE, which does not include food and energy prices, reflected a 0.1% increase from the previous month, below the 0.2% economists previously surveyed by Dow Jones had expected. It gained 3.9% on an annual basis, which was in line with forecasts.for Federal Reserve monetary policy, especially on interest rates.
Ukraine war live updates: Kyiv reacts to U.S. halting aid amid funding crisis; Ukraine ally sees pro-Russia populist win voteInvestors will be looking to economic reports and comments from Fed officials this week for fresh hints about the state of the economy. Data from the manufacturing sector is due Monday, and several key labor market reports are expected throughout the week, including the September's nonfarm payrolls and unemployment figures on Friday.
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