Treasury yields fall as investors look to key data, Fed meeting in week ahead

U.S. Treasury Yields Drop as Investors Await Key Economic Data #

U.S. Treasury yields declined as investors anticipated the release of important economic data and awaited the Federal Reserve’s meeting taking place this week. The 10-year Treasury’s yield dropped by over three basis points to 4.1666%, while the 2-year Treasury’s yield fell by more than one basis point to 4.3729%. The Federal Reserve’s meeting is expected to provide insights into potential interest rate cuts and investors will closely observe any guidance from the central bank. Data on job openings, private payrolls, and the labor market will also influence monetary policy expectations.