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HomeUS NewsInvestors focus on economic data, Fed speech | Real Time Headlines

Investors focus on economic data, Fed speech | Real Time Headlines

U.S. Treasury yields were little changed on Thursday as investors focused on a batch of new economic data and a series of speeches from Federal Reserve policymakers.

this 10-Year Treasury Bond Yield fell slightly to 4.439%, while 2-Year Treasury Bond It also fell slightly to 4.271%.

Yields and prices move in opposite directions. 1 basis point equals 0.01%.

Meanwhile, investors are awaiting the release of the latest weekly jobless claims numbers and October producer price index.

PPI data measures the income producers receive from goods and services, expected That was up 0.2% from the previous month, according to Dow Jones consensus estimates.

Federal Reserve Chairman Jerome Powell is scheduled to discuss the U.S. economic outlook in Dallas, Texas, on Thursday.

Richmond Fed President Tom Barkin and New York Fed President John Williams are also expected to speak later in the day. Fed Governor Adriana Kugler noted that there was “considerable” progress on inflation in 2017. Thursday morning speech.

The speeches came as investors and economists scrutinize what President-elect Trump’s return to the White House could mean for U.S. interest rates.

central bank of the united states publish A second consecutive interest rate cut earlier this month was in line with expectations, traders believe good opportunity Another pruning in December.

—CNBC’s Sarah Min contributed to this report.

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