U.S. Treasury yields were mixed as investors remained focused on remarks from Jerome Powell that signaled the possibility of more rate hikes to tackle inflation.
"Although inflation has moved down from its peak — a welcome development — it remains too high," Powell said in prepared remarks."We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective."
"It's an entry point ... for the bond market in part because it is the real yield that has moved," Sels told CNBC's"Squawk Box Europe." With inflation steadily decreasing — but still above target — in many major economies, attention is increasingly turning to how central bankers will respond to a deteriorating growth outlook.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Treasury yields lower after Powell says Fed is prepared to raise ratesU.S. Treasury yields fell as investors remained focused on remarks from Jerome Powell that signaled the possibility of more rate hikes to tackle inflation.
Leer más »
Treasury yields lower after Fed chair signals possibility of more rate hikesU.S. Treasury yields fell as investors remained focused on remarks from Jerome Powell that signaled the possibility of more rate hikes to tackle inflation.
Leer más »
10-year Treasury yield slips to start the weekU.S. Treasury yields fell as investors remained focused on remarks from Jerome Powell that signaled the possibility of more rate hikes to tackle inflation.
Leer más »
Investors Want More Yield to Own Long-Term Treasury DebtThere has been a marked rise in a measure of the extra yield investors want to cover the risk of holding long-term rather than short-term debt. This is why.
Leer más »
Federal Reserve signals potential interest rate hikes to sustain strong US economyThe continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.
Leer más »
Fed's attempts to cool down economy may require more interest rate hikesFederal Reserve Chairman Jerome Powell said Friday that inflation, while improving, isn't where it needs to be yet.
Leer más »