Treasury yields dip as investors assess interest rate path ahead

U.S. Treasury Yields Fall as Investors Analyze Economic Data and Fed Comments #

U.S. Treasury yields slightly declined on Thursday as investors awaited fresh economic data and comments from Federal Reserve officials to assess the outlook for interest rates. The yield on the 10-year Treasury dropped by over one basis point to 4.5690%, while the 2-year Treasury yield decreased by more than one basis point to 4.9198%. Investors are monitoring Fed policymakers’ remarks for signals on when and how often interest rates may be cut this year. This comes amid concerns about inflation and expectations for the timing of the first rate cut. Additional remarks from Fed officials are expected on Thursday and Friday. Weekly jobless claims figures and existing home sales data for March are also anticipated.