Investors prepare for fresh batch of U.S. economic data

  • Treasury yields rise ahead of fresh economic data
  • Yield on 2-year Treasury note increases by 2 basis points
  • Yield on 10-year Treasury note rises by 3 basis points
  • Yield on 30-year Treasury note gains 2 basis points
  • Investors prepare for housing starts, producer-price index, and consumer sentiment survey
  • Bond yields fell after weaker retail sales data
  • Concerns over Federal Reserve pushing back interest rate cuts
  • Atlanta Fed President expects rate cuts to happen after July

U.S. government bonds paused their two-day rally as investors awaited a new round of economic data. The yield on the 2-year Treasury note rose by 2 basis points, while the yield on the 10-year Treasury note increased by 3 basis points. The yield on the 30-year Treasury note gained 2 basis points. Traders are gearing up for the release of housing starts, producer-price index, and consumer sentiment survey. Bond yields fell after weaker retail sales data, raising concerns about the Federal Reserve pushing back interest rate cuts. Atlanta Fed President expects rate cuts to happen after July.

Companies Public: BX (TMUBMUSD02Y), BX (TMUBMUSD10Y), BX (TMUBMUSD30Y)
Key People: Raphael Bostic (Atlanta Fed President), Michael Barr (Fed Vice Chair for Supervision), Mary Daly (San Francisco President)

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Factuality Level: 8
Factuality Just: The article provides factual information about the yield on U.S. government bonds and upcoming economic data. It does not contain any irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. The article does not include any digressions, unnecessary background information, or tangential details. The information provided is based on current market data and events. Overall, the article is objective and accurately reports the facts.
Noise Level: 3
Noise Just: The article provides a brief update on the movement of U.S. government bonds and mentions upcoming economic data releases. However, it lacks in-depth analysis, evidence, and actionable insights. It also includes irrelevant information about text-to-speech technology and the schedule of Fed officials’ speeches.
Financial Relevance: No
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Just: The article discusses the movement of U.S. government bond yields and the upcoming release of economic data. While there is no mention of an extreme event, the information is relevant to financial markets and investors.

Reported publicly: www.marketwatch.com