{"id":42042,"date":"2022-06-08T15:18:11","date_gmt":"2022-06-08T15:18:11","guid":{"rendered":"https:\/\/harchi90.com\/treasury-yields-climb-as-investors-assess-growth-and-inflation-fears\/"},"modified":"2022-06-08T15:18:11","modified_gmt":"2022-06-08T15:18:11","slug":"treasury-yields-climb-as-investors-assess-growth-and-inflation-fears","status":"publish","type":"post","link":"https:\/\/harchi90.com\/treasury-yields-climb-as-investors-assess-growth-and-inflation-fears\/","title":{"rendered":"Treasury yields climb as investors assess growth and inflation fears"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>US Treasury yields climbed early on Wednesday morning as investors await a key inflation indicator and assess signs of slowing economic growth.<\/p>\n<\/div>\n<div class=\"group\">\n<p>At around 8:30 am ET, the yield on the benchmark 10-year Treasury note had increased by roughly 6 basis points to 3.033%, while the yield on the 30-year Treasury bond was up 6 basis points at 3.182%.  Yields move inversely to prices, and a basis point is equal to 0.01%.<\/p>\n<p>Retail giant Target cut its profit guidance on Tuesday and announced plans to get rid of excess inventory, highlighting the growing risks to economic growth arising from surging inflation.<\/p>\n<p>Meanwhile, a widely tracked Federal Reserve gauge is indicating that the US economy could be on course for a second successive quarter of contraction, a technical recession.  The Atlanta Fed&#8217;s GDPNow tracker is pointing to an annualized gain in gross domestic product of just 0.9% for the quarter.<\/p>\n<p>Markets are looking ahead to May&#8217;s consumer price index reading on Friday, with the print likely to be influential in the scale and speed of the Fed&#8217;s monetary tightening path.<\/p>\n<\/div>\n<\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury yields climbed early on Wednesday morning as investors await a key inflation indicator and assess signs of slowing economic growth. At around 8:30 am ET, the yield on the benchmark 10-year Treasury note had increased by roughly 6 basis points to 3.033%, while the yield on the 30-year Treasury bond was up 6 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/treasury-yields-climb-as-investors-assess-growth-and-inflation-fears\/\"> <span class=\"screen-reader-text\">Treasury yields climb as investors assess growth and inflation fears<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[11521,1584,915,229,118,916,4818,2860,926,9950,6411,924,18328,2928,6412,112,925,1240,1061,94,18331,9012,2861,298,18330,521,917,919,918,18329,3136,7833,787],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107071023-Traders-TF-Photo-20220603-ACJ-004-PRESS-1.jpg?v=1654282163&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/42042"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=42042"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/42042\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=42042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=42042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=42042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}