"Market Watch: Treasury Yields React to Fed Rate Decision and Economic Data"
TL;DR Summary
The 10-year Treasury yield fell as traders awaited the Federal Reserve's rate decision, with the 2-year Treasury yield rising. The Fed's January meeting began, and traders were uncertain about the outlook for monetary policy. The Conference Board's consumer confidence index increased, but job openings exceeded economists' forecasts.
Topics:business#10-year-treasury-yield#economic-data#federal-reserve#finance#interest-rates#monetary-policy
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