Published On: Thu, Nov 23rd, 2023

10-year Treasury yield slips lower for 5th straight session ahead of Thanksgiving holiday

10-year Treasury yield slips lower for 5th straight session ahead of Thanksgiving holiday
10-year Treasury yield slips lower for 5th straight session ahead of Thanksgiving holiday


U.S. Treasury yields finished mixed in choppy trading on Wednesday as traders weighed a batch of economic data for signals on the path of the Federal Reserve’s interest-rate policy and the economy ahead of the Thanksgiving holiday.

What happened

What drove markets

Longer-dated U.S. government bond yields initially ticked up on Wednesday morning after the University of Michigan’s consumer-sentiment survey showed Americans’ inflation expectations rose for a second straight month in November as consumers appear…

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