Bond Report: Treasury yields inch off recent lows at start of holiday-shortened week

by | Nov 20, 2023 | Stock Market

Bond yields rose early Monday, but benchmark Treasury yields remained more than 50 basis points below the 16-year highs above 5% they touched last month.What’s happeningWhat’s driving markets Treasury yields are nudging off recent lows as traders wait to see if a holiday-shortened week will alter the predominant narrative: that recent cool jobs and inflation data makes it certain the Federal Reserve has finished raising interest rates in this cycle. With…

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