The US Treasury’s yield fell on Thursday in the fourth quarter of economic data, which showed slower growth than the US expected.
The yield of the Ministry of Finance for 10 years was 4.504 %, and the 5 -based point was low. On the other hand, the two -year -old financial affiliate has decreased by about 2 basis points at 4.209 %.
One basic point is equal to 0.01 %, and the yield and price move in the opposite direction.
The yield movement occurred because the Ministry of Commerce’s Department of Commerce was weaker than expected. The GDP growth rate in the fourth quarter was 2.3 %. The Economist investigated by Dow Jones was hoping to increase by 2.5 %.
Traders will compare economic growth data along with the latest updates of the federal preparation system. On Wednesday, the Central Bank’s Federal Open Market Committee left an overnight borrowing rate in a range of 4.25 % to 4.5 % due to the movements expected by investors after three consecutive reductions from September 2024. I did it.
Policy creators pointed out in a statement after the lecture after the lecture, “The inflation has been a little rising,” and “the unemployment rate has been stable at a low level in the past few months, and the situation in the labor market remains strong.” 。
They added that the Central Bank needed to see the true progress of inflation or the weakness of the labor market before considering adjustments.
Investors have a price set with almost 100 % probability that the Fed is stable in this conference, and there is no other reduction until June.
At a press conference, Fed Chair Jerome Powell said he would not respond to President Donald Trump’s request for immediate interest rate reduction, saying that he had not contacted Trump since his comment was made last week.
“I have no reply or comments on what the president said,” Powell said at a press conference on Wednesday. “It’s not appropriate to do that.”
