U.S. Treasury yields: investors consider interest rate outlook
U.S. Treasury yields were higher on Monday as investors weighed the outlook for interest rates ahead of a week that will be light on the economic data front.
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U.S. Treasury yields were higher on Monday as investors weighed the outlook for interest rates ahead of a week that will be light on the economic data front.
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Inflation in the United States is expected to have eased in September, but at a slower pace than in previous months. Economists predict a 0.3% rise in consumer prices from August, which is slower than the previous month's 0.6% increase but still above the Federal Reserve's 2% target. Core prices, excluding food and energy costs, are also expected to have risen by 0.3%.
Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool.