Treasury yields fell on Tuesday as uncertainty over future Federal Reserve policy weighed on markets and investors assessed earnings reports. The yield on the benchmark 10-year Treasury note was last down by around five basis points to 4.1837%. It has had a volatile start to the week, falling early during Monday’s trading day before recovering the decline. … Uncertainty about the Federal Reserve’s policy path has been spreading, raising questions about how long the central bank will continue hiking interest rates and by how much they will be increased. After weeks of hawkish comments from Federal Reserve speakers, which indicated that rates would be hiked until inflation declined, the Wall Street Journal reported on Friday that some central bank officials were starting to feel uneasy about the speed of the hikes.
Source: CNBC – Bonds
