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☆ 2-year Treasury yield inches higher as Fed meeting is set to begin
▼ + stars: | 2024-07-30 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: 1 min

U.S. Treasury yields were little changed on Tuesday as investors looked to economic data from the labor market and the Federal Reserve's July meeting is set to kick off. ET, the yield on the 10-year Treasury was up by less than one basis point to 4.1860%. The 2-year Treasury was last at 4.3998% after rising by more than one basis point. Yields and prices move in opposite directions. One basis point equals 0.01%.

Organizations: Treasury

☆ Euro zone's economy grew 0.3% in second quarter, above expectations despite German contraction
▼ + stars: | 2024-07-30 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The euro zone's economy grew by more than expected in the second quarter of 2024, flash figures from the European Union's statistics office showed Tuesday. The zone's gross domestic product rose by 0.3% in the three months to the end of June compared to the previous quarter, the data showed. The euro zone entered a technical recession in the second half of 2023, as GDP contracted in both the third and fourth quarter of the year, according to revised figures released earlier this year. Bert Colijn, senior euro zone economist at ING, said in a note on Tuesday that the data indicated that the regiona's economy is somewhat recovering. "The question remains where the economy will head from here and recent data do not provide much confidence that the eurozone economy is further accelerating," Colijn said.

Persons: Bert Colijn, Colijn Organizations: Reuters, ING Locations: Frankfurt

☆ Treasury yields fall as investors look to key data, Fed meeting in week ahead
▼ + stars: | 2024-07-29 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over three basis points to 4.1666%. The 2-year Treasury yield was last at 4.3729% after falling by more than one basis point. U.S. Treasury yields fell on Monday as investors awaited the release of key economic data and looked to the Federal Reserve's meeting scheduled for the week. Investors awaited the Federal Reserve's July meeting and key data from the labor market slated for the week. Investors will be looking at the data for hints about the state of the labor market, as this could also inform monetary policy expectations and decision-making.

Persons: Jerome Powell Organizations: Treasury, Investors, PCE

☆ One way employers can attract Gen Z talent is by ditching résumés, recruiter says
▼ + stars: | 2024-07-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Sophie O'Brien, the founder of the entry-level recruitment service Pollen Careers, told Business Insider that if companies want to hire the best-fitting Gen Z talent, they should ditch asking for a résumé. Gen Z are people aged 12 to 27. O'Brien found success in hiring Gen Z talent with less conventional methods. Advertisement"It's alienating Gen Z," she said. "This is groundbreaking for Gen Z, they absolutely love it," O'Brien said.

Persons: —, Sophie O'Brien, Gen, O'Brien, they'd, Zers, I'm, they've, Gen Z, we've, Majella Lavelle, résumés, Lavelle, Laura Littlehales, Littlehales, David Graham, Mobsta Organizations: Service, Business, CVs, Arsenal, Sporting, aren't, McDonald's

☆ Female Invest, a Y Combinator-backed fintech startup, is expanding to the US after raising $11.2 million. Check out its 12-slide pitch deck.
▼ + stars: | 2024-07-29 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Female Invest, a fintech startup, has raised $11.2 million in funding to expand operations. Founded in 2019, the platform offers trading and investing education for women globally. AdvertisementFemale Invest, a Y Combinator-backed fintech startup that encourages women to invest, has raised $11.2 million in funding. CEO Anna-Sophie Hartvigsen told Business Insider that there was "there's a big pull from the market for this product." This story is available exclusively to Business Insider subscribers.

Persons: —, Anna, Sophie Hartvigsen Organizations: Service, Business

☆ What to watch at Olympics today: Swimming’s best rivalry, beach volleyball with a view
▼ + stars: | 2024-07-27 | by ( Alex Andrejev | ) www.nytimes.com time to read: +6 min

He and the relay team will look to defend their gold medal from Tokyo, but could be unseated by challengers Australia or China. GO DEEPER A massive race to start the Olympics: Get ready for the women's 400-meter freestyleWembanyama’s Olympic debutTime: 11:15 a.m. GO DEEPER Men's basketball at the 2024 Paris Olympics: NBA player list, how to watch and moreBeach volleyball at the Eiffel TowerBeach volleyball gets prime placement in Paris, right next to an icon. GO DEEPER Beach volleyball at the 2024 Paris Olympics: U.S. teams, schedule and how to watchMen’s rugby sevens finalTime: 1:45 p.m. ET (7 p.m. local) with the gold medal match starting at 1:45 p.m.

Persons: Victor Wembanyama, it’ll, Peacock, Katie Ledecky, —, Australia’s Ariarne, Summer McIntosh, Titmus, Ledecky, Caeleb Dressel, Simone Manuel —, LeBron James, Rudy Gobert, Shai Gilgeous, Alexander, Giannis Antetokounmpo, Michael Reaves, Andy Benesh, Miles Partain, Cuba’s Jorge Luis Alayo Moliner, Noslen Díaz Amaro, Sweden’s David Åhman, Jonatan Hellvig, Carracher, Mark Nicolaidis, Taryn Kloth, Kristen Nuss, Canada’s Heather Bansley, Sophie Bukovec, mpics & Organizations: NBC, Tokyo Games, Australia, Olympic, American, CNBC, Telemundo, Peacock, Basketball, Paris Games, Brazil, NBA, Eiffel, U.S, men’s rugby, Fiji, Ireland, USA Locations: Paris, U.S, Tokyo, China, Great Britain, Italy, Australia, France, It's, Canada, Brazil, Spain, Germany, Japan, Greece, Fiji, United States, South Africa

☆ 31-year-old once played guitar for $3 in tips—now he brings in up to $70,000 a month between music and real estate
▼ + stars: | 2024-07-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Lin pours earnings from his day job into real estate. Managing rental properties: 'It's so minimal that I don't even consider it work'The majority of Lin's $1 million net worth is tied up in real estate. He chose to buy in Little Rock, where real estate prices are lower and rent is stable, he says. Lin bought a portfolio of three houses in March 2023, then another building in February 2024. Real estate takes up a lot of Lin's time when he's actively searching for a new place to buy, or when he's dealing with tenant turnover.

Persons: Moses Lin, Lin, Lin customizes, Sophie Epton, influencers, he'll, I'm, — I'm, I've, It's, he's, who's, we're Organizations: CNBC Locations: Southern California, Little Rock , Arkansas, California, Italy, Lake Como, Milan, Ireland, Dubai, Singapore, Chicago , New York, Little Rock

☆ No, Taylor Swift isn't in 'Deadpool & Wolverine.' Here's why Swifties and Marvel fans were convinced she'd make an appearance.
▼ + stars: | 2024-07-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

The Grammy-winning singer later cast "Deadpool & Wolverine" director Shawn Levy as the dad in her "All Too Well" short film, which was released in November 2021. Following the success of "Deadpool" (2016) and "Deadpool 2" (2018), Reynolds confirmed that a third installment was in the works in 2019. Rumors intensified when production began on 'Deadpool & Wolverine'Hugh Jackman and Ryan Reynolds will star in "Deadpool 3." Gotham/GC ImagesLevy then played coy about the possibility of Swift being in "Deadpool & Wolverine." AdvertisementJust before the release of "Deadpool & Wolverine," Reynolds told E!

Persons: —, Taylor Swift, Swifties, Ryan Reynolds, Reynolds, He's, Swift, Blake Lively, who's, they've, Meredith, Olivia, Shawn Levy, Levy, Guy, Jackman, Logan, Wolverine, She's, Hugh Jackman, Monica Schipper, Dazzler, Simon Kinberg, James McAvoy, Sophie Turner, Lively, Jim McIsaac, Travis Kelce, TheWrap, That's Taylor, she's Organizations: Service, Marvel, Business, Entertainment, Swift, Netflix, Reynolds, NFL, Kansas City Chiefs, New York Jets, Chiefs, coy, SAG Locations: New York, Village

☆ 2-year Treasury yield dips as investors look to key inflation data
▼ + stars: | 2024-07-26 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by less than one basis point at 4.2563%. The 2-year Treasury yield was last at 4.4307% after falling by over one basis point. U.S. Treasury yields were little changed on Friday as investors awaited the release of key inflation data ahead of the Federal Reserve's upcoming monetary policy meeting next week. Those are some of the last key economic data releases before the Fed meets next week to discuss monetary policy. The inflation figures come after economic data throughout the week have given mixed signals about the state of the economy.

Persons: Dow Jones Organizations: Treasury, Federal, PCE, Fed, U.S, PMI

☆ Bette Midler’s secret to a happy, 40-year marriage? Separate beds
▼ + stars: | 2024-07-26 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Bette Midler and her husband Martin von Haselberg will celebrate their 40th wedding anniversary on December 16. “Separate bedrooms,” she said after being asked what was the secret to their happy marriage. Midler reflected on her own wedding in Las Vegas after she had only known her husband for six weeks. What she did love was working with her adult daughter, Sophie, who also appears in the film. Midler said her daughter is “brilliant” and the love of her life.

Persons: Bette Midler, Martin von Haselberg, ” Midler, “, snores, Meghan Mullally, Sheryl Lee Ralph, Susan Sarandon, ”, Midler, Sophie Organizations: CNN, “ Entertainment Locations: Las Vegas

☆ Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
▼ + stars: | 2024-07-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Shares in Gucci-owner Kering fell on Thursday, after the luxury group announced a sharp decline in revenue in the first half of the year and issued a weak forecast for the remaining six months of the year. Kering shares dropped as much as 9% as markets opened, trading around levels last seen in August 2017. "There was a marked deceleration in China, while trends did not improve greatly in North America and Europe," Kering added. Gucci posted the worst first-half performance of these brands, with revenue shedding 18% on a comparable basis. Kering is the latest in a series of luxury brands to log declines, with the world's largest luxury group LVMH reporting lower-than-expected sales earlier this week.

Persons: Gucci, Kering, Yves Saint Laurent, Bottega, Luca Solca, Bernstein, CNBC's, it's, Solca Organizations: Gucci, Wednesday, Japan Locations: New York City, London, Japan, China, North America, Europe

☆ Treasury yields fall ahead of key economic data
▼ + stars: | 2024-07-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over five basis points to 4.2349%. The 2-year Treasury yield was last more than five basis points lower to 4.3585%. U.S. Treasury yields declined on Thursday as investors awaited key economic data points that could inform Federal Reserve monetary policy. Investors awaited key data as they considered the state of the U.S. economy and the outlook for interest rates. The data will provide more hints about the state of the economy and comes ahead of key inflation figures due Friday in form of the personal consumption expenditures price index.

Organizations: Treasury, U.S, PMI Locations: U.S

☆ World's largest luxury group LVMH slumps 5% after second-quarter revenue miss
▼ + stars: | 2024-07-24 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Shares in the world's largest luxury group LVMH fell on Wednesday after its second-quarter sales came in below analyst consensus on Tuesday. Quarterly sales came in at 20.98 billion euros ($22.7 billion) in the second quarter, compared to the 21.6 billion euros LSEG analysts were expecting. Sales in Asia, excluding Japan, fell 14% in the second quarter from the same period a year earlier, LVMH said. Across the first half of the year, sales in Asia excluding Japan dropped 10% compared to the first six months of 2023, while sales in Japan rose by 44%, LVMH said. By business groups, wine and sprits revenue fell 5% in the second quarter of 2024 from a year earlier, and the watches and jewellery division declined 4% over the same time.

Persons: LVMH Organizations: Louis Vuitton, Gucci, Quarterly Locations: Lisbon, Portugal, London, Asia, Japan

☆ European markets to open lower as investors weigh regional bank and U.S. tech earnings
▼ + stars: | 2024-07-24 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

LONDON — European markets are set to open lower on Wednesday as earnings season ramps up. The U.K.'s FTSE 100 was last expected to open 25 points lower at 8,137, while Germany's DAX was set to shed 76 points to 18,472 and France's CAC 40 was expected to open 54 points lower at 7,540. Italy's MIB index was set to to open 62 points lower at 34,799. Deutsche Bank , UniCredit, BNP Paribas and Banco Santander are among the European banks reporting earnings on Wednesday, alongside Easyjet , Iberdrola and Orange. On the data front, flash purchasing managers' index data is due to be released in the U.K. and the euro zone.

Persons: Germany's DAX, Easyjet Organizations: Citigroup Inc, State Street Corp, Barclays Plc, HSBC Holdings Plc, CAC, Deutsche Bank, BNP, Banco Santander Locations: Wharf, UniCredit, Iberdrola, Orange, Germany

☆ Porsche shares fall 5% after automaker cuts 2024 outlook on aluminium alloy shortage
▼ + stars: | 2024-07-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Shares in automaker Porsche fell on Tuesday after the company cut its 2024 outlook, saying various suppliers were affected by a shortage of special aluminium alloys. Holding company Porsche SE was last down over 3%. Porsche said that a series of its suppliers were impacted by a "significant supply shortage with regard to special aluminium alloys." The shortage is linked to flooding in a production facility of a key European aluminium supplier, Porsche explained. "Despite immediate countermeasures, it is becoming apparent that the impending supply shortage will lead to impairments in production," Porsche said.

Persons: Porsche Organizations: Volkswagen, Porsche, UBS Locations: Stuttgart, Swiss, Zrich, Switzerland, London

☆ 'Bridgerton' finally confirmed its season 4 lead — here's everything we know about the next season
▼ + stars: | 2024-07-23 | by ( Olivia Singh | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +10 min

AdvertisementBenedict's love story will be the focus of season 4Luke Thompson as Benedict Bridgerton on season three, episode one of "Bridgerton." The official logline for next season reads: "The fourth season of 'Bridgerton' turns its focus to bohemian second son Benedict (Luke Thompson). AdvertisementLuke Newton and Nicola Coughlan will reprise their roles as Colin and Penelope Bridgerton in season 4Luke Newton and Nicola Coughlan on season three of "Bridgerton." Ashley told reporter Josh Rom during a "Bridgerton" season three screening premiere on Wednesday that she will return for season four. 'Bridgerton' season 4 won't come out until 2026Martins Imhangbe as Will Mondrich and Luke Thompson as Benedict Bridgerton on season three, episode two of "Bridgerton."

Persons: —, Benedict Bridgerton's, Colin Bridgerton, Luke Newton, Penelope Featherington's, Nicola Coughlan, Polin, Benedict, Luke Thompson, Benedict Bridgerton, Liam Daniel, Thompson, Eloise Bridgerton, Claudia Jessie, Francesca Bridgerton, Hannah Dodd, John Stirling, Victor Alli, Michaela Stirling, Masali, she'd, Julia Quinn's, Sophie Beckett, Sophie, Araminta Gunningworth, Brownell, loath, Silver, Colin, Penelope Bridgerton, Netflix Coughlan, TheWrap, Newton, Jess Brownell, Whistledown, he's, Simone Ashley, Kate, Jonathan Bailey, Anthony, Anthony Bridgerton, Ashley, Bailey, Josh Rom, Kate Sharma, Cressida Cowper Jessica Madsen, Cressida Cowper, Jessica Madsen, Lady Whistledown, Penelope, Cressida, Cowper, we've, Martins Imhangbe, Will Mondrich, room's, We've, Adjoa Andoh, " Brownell, It's, there's Organizations: Service, Netflix, Business, coy, Entertainment, Teen Vogue, Hollywood Reporter, Los Angeles Times, Danbury, LA Times Locations: Scotland, India, Kanthony, Wales

☆ Treasury yields slip as investors weigh state of economy
▼ + stars: | 2024-07-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over one basis point to 4.2427%. The yield on the 2-year Treasury was last over one basis point lower to 4.5105%. U.S. Treasury yields were slightly lower on Tuesday as investors considered the outlook for the U.S. economy ahead of key data slated for the week. Investors awaited the latest economic data as they assessed the state of the U.S. economy and what this could mean for monetary policy decisions by the Federal Reserve. Markets are not expecting interest rates to be cut then but are anticipating clues about a timeline for monetary policy being loosened.

Persons: Jerome Powell Organizations: Treasury, U.S, Investors, Federal Reserve, Richmond Fed, Fed, Traders Locations: U.S

☆ Germany's struggling construction sector is showing no signs of a recovery
▼ + stars: | 2024-07-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The German construction sector is showing no signs of recovering, even after being in a crisis for months and despite pledges of support and investment from the government. Recent economic data shows the industry is still in a "dismal situation," Carsten Brzeski, global head of macro research and chief economist for Germany at ING, told CNBC. The data shows that between January and May of this year, permits for single-family homes fell over 31%, and those for multi-family houses declined over 21% compared to the same time period last year. Felix Pakleppa, head of the Central Association of the German Construction Industry, noted the bleak outlook for the sector. "Building permits in Germany continue to only know one direction: downwards," he said, pointing to the data, which has not reflected growth since April 2022.

Persons: Carsten Brzeski, Felix Pakleppa, Housebuilding, Pakleppa Organizations: ING, CNBC, Central Association of, German Construction Industry Locations: Germany

☆ 10-year Treasury yield falls as investors look to key data in week ahead
▼ + stars: | 2024-07-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was down by over three basis points to 4.2077%. The 2-year Treasury yield was last less than one basis point lower to 4.5043%. U.S. Treasury yields were lower on Monday as investors awaited key economic data slated for the week and markets considered the latest U.S. political developments. Investors looked ahead to key data due this week that is set to provide fresh hints about the state of the economy and could inform the Federal Reserve's decision-making when it comes to monetary policy. According to CME Group's FedWatch tool, traders were last pricing in an around 96% chance of a September rate cut.

Persons: Joe Biden, Kamala Harris Organizations: Treasury, U.S, Federal, White, Democratic

☆ Ryanair shares tumble 12% as budget airline reports 46% fall in quarterly profit, sees lower fares
▼ + stars: | 2024-07-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Ryanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months. Ryanair cited weaker-than-anticipated fares and the Easter season falling into the previous quarter as reasons for the drop in profit. It also comes despite a 10% increase in passenger traffic to 55.5 million during the quarter, Ryanair said Monday. However, Ryanair Group CEO Michael O'Leary said in a statement that fares were expected to be lower than expected over the next three months. Other European airlines followed Ryanair lower on Monday, with fellow low-cost airline EasyJet shedding over 6%, while Jet2 fell 4% and Hungarian airline Wizz Air slid over 6%.

Persons: — Ryanair's, Michael O'Leary, O'Leary, Jet2 Organizations: Ryanair, Wizz Air Locations: London

☆ Israel strikes Yemen for the first time following deadly Houthi drone attack. Here’s what we know
▼ + stars: | 2024-07-21 | by ( Sophie Tanno | ) edition.cnn.com time to read: +8 min

CNN —For the first time, Israel has struck inside Yemen, following a deadly drone attack launched by Houthi rebels on Tel Aviv. Soon after the Israeli attack, the Houthis said they launched a fresh barrage of missiles towards Israel, promising a response that will be “huge and great.”Here’s what we know. The US and UK have responded to those attacks by carrying out strikes on Houthi targets in Yemen. A tipping point for Israel appears to have come on Friday, when a drone attack was launched on Tel Aviv, killing one Israeli citizen and injuring several others. Oded Balilty/APThe attack marked the first time Tel Aviv, Israel’s commercial center, has been struck by a drone in an attack claimed by the Houthis.

Persons: ”, Allah, Hussein, Mohammed Hamoud, Israel, Yahya Sare’e, ” Sare’e, Houthi, Oded, Daniel Hagari, Samad, Masirah, Mohammed Abdulsalam, Yehya Saree, Osamah, Benjamin Netanyahu, Netanyahu, ” Netanyahu, “ It’s, ” Charles Lister, Yoav Gallant, Yoel Organizations: CNN, Houthi, Red, US, US Central Command, Tel, Israel Defense Forces, Israel, Israel’s, Middle East Institute, Israel’s Defense, Hezbollah, AP, for National Security Studies, National Security Council Locations: Israel, Yemen, Tel Aviv, Red, Gaza, Iranian, Iran, Islam, Saudi Arabia, Sana'a, Israel’s, Hodeidah, Yemen’s, Lebanon, Lebanese

☆ Israeli airstrikes target Yemen’s Houthis day after deadly drone attack in Tel Aviv
▼ + stars: | 2024-07-20 | by ( Thom Poole | Sophie Tanno | ) edition.cnn.com time to read: +2 min

CNN —Israeli airstrikes targeted Houthi rebels in Yemen a day after the Iran-backed group claimed a deadly attack on the Israeli city of Tel Aviv. The statement came soon after the Houthi-run Al Masirah TV reported airstrikes targeting oil facilities in the western port of Hodeidah, adding that there had been deaths and injuries. According to Houthi spokesperson Mohammed Abdulsalam, the Israeli strikes hit oil tanks and a power station. The strikes on Hodeidah came a day after drone attack in Tel Aviv killed one man and injured at least 10 others. In May, at least 16 people were killed and a further 35 wounded by US-UK airstrikes in Hodeidah targeting Houthi rebels.

Persons: Al Hudaydah, Masirah, Mohammed Abdulsalam, Abdulsalam, Hodeidah Organizations: CNN, Israel Defence Forces, ”, US, Houthi Locations: Yemen, Iran, Tel Aviv, Port, Israel, Hodeidah, Gaza

CNN —A verdict is expected in the coming hours in the espionage case of the Wall Street Journal reporter Evan Gershkovich, with Russian prosecutors seeking an 18-year prison sentence in what his employer and the US government have dismissed as a sham trial. The court in Yekaterinburg will announce the verdict on Friday at 5 p.m. local time (8 a.m. Earlier Friday, the court heard closing arguments and Gershkovich delivered his closing remarks behind closed doors. The state prosecution service has requested 18 years in prison for Gershkovich, according to state news agency TASS, citing the court. Gershkovich, the US government and the WSJ have vehemently denied the charges against him.

Persons: Evan Gershkovich, Gershkovich Organizations: CNN, Wall Street, CIA, WSJ Locations: Yekaterinburg, Sverdlovsk, Gershkovich, American

☆ European markets open lower as investors digest ECB decision
▼ + stars: | 2024-07-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

LONDON — European markets opened lower on Friday as investors considered the latest ECB interest rate decision. All sectors were lower, with travel and leisure stocks tumbling 2.66%, and mining stocks declining 1.93%. European markets have retreated throughout the week with the Stoxx 600 closing lower for the last four consecutive days. The picture was similar across the world, with Asia-Pacific markets declining on Friday as they followed Wall Street lower. U.S. markets closed lower on Thursday, with the Dow Jones Industrial Average snapping a six-day winning streak.

Organizations: Bank of England, LONDON, Dow Jones, European Central Bank, ECB Locations: City of London, London, United Kingdom, Asia, Pacific, U.S

☆ Treasury yields rise as investors weigh rate outlook
▼ + stars: | 2024-07-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by over one basis point to 4.2000%. The 2-year Treasury yield was last less than one basis point higher to 4.4706%. U.S. Treasury yields were higher on Friday as investors considered the path ahead for interest rates after the latest comments from Federal Reserve officials. Investors digested remarks from Fed policymakers made throughout the week as they weighed the potential path ahead for interest rates. Fed Chairman Jerome Powell also this week said that rate cuts would begin before inflation reaches the 2% target.

Persons: Mary Daly, we're, Daly, Christopher Waller, Jerome Powell Organizations: Treasury, U.S, Federal Reserve, San Francisco Fed, Fed

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