{"id":468709,"date":"2025-12-24T10:45:17","date_gmt":"2025-12-24T10:45:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/468709\/"},"modified":"2025-12-24T10:45:17","modified_gmt":"2025-12-24T10:45:17","slug":"10-year-treasury-yields-dip-as-stronger-gdp-data-clouds-rate-path","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/468709\/","title":{"rendered":"10-year Treasury yields dip as stronger GDP data clouds rate path"},"content":{"rendered":"<p>U.S. Treasury yields edged slightly lower on Wednesday as investors positioned for a shortened trading day ahead of the holidays. <\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/quotes\/US10Y\/\" target=\"_blank\" rel=\"noopener\">10-year Treasury<\/a> yield \u2014 the benchmark for U.S. government borrowing \u2014 was 1 basis point lower at 4.159% by 4:15 a.m. E.T.<\/p>\n<p>Yields on\u00a0the <a href=\"https:\/\/www.cnbc.com\/quotes\/US2Y\/\" target=\"_blank\" rel=\"noopener\">2-year Treasury<\/a> note\u00a0were largely unchanged, at 3.528%. The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/US30Y\/\" target=\"_blank\" rel=\"noopener\">30-year bond<\/a>\u00a0yield, meanwhile, showed little movement, holding firm at 4.824%.<\/p>\n<p>One basis point equals 0.01%, or 1\/100th of 1%, and yields and prices move inversely to one another.<\/p>\n<p>As investors digested delayed Commerce Department data that showed the <a href=\"https:\/\/www.cnbc.com\/2025\/12\/23\/us-economy-grows-by-4point3percent-in-third-quarter-much-more-than-expected-delayed-report-shows.html\" target=\"_blank\" rel=\"noopener\">U.S. economy grew<\/a> by 4.3% in the third quarter \u2014 its fastest pace in two years \u2014 the stronger-than-expected number potentially complicates the Federal Reserve&#8217;s path on interest rates.<\/p>\n<p>National Economic Council Director Kevin Hassett \u2014 one of the leading contenders to succeed Jerome Powell as Fed chair next year \u2014 <a href=\"https:\/\/www.cnbc.com\/2025\/12\/23\/fed-chair-candidate-hassett-says-us-behind-the-curve-on-lowering-rates.html\" target=\"_blank\" rel=\"noopener\">told CNBC<\/a> that the Fed remains &#8220;way behind the curve&#8221; on rate cuts compared with other countries&#8217; central banks, and is not lowering rates quickly enough.<\/p>\n<p>His comments <a href=\"https:\/\/www.cnbc.com\/2025\/12\/21\/fed-hammack-says-no-reason-to-change-interest-rates-for-months.html\" target=\"_blank\" rel=\"noopener\">contrast with those<\/a> of Cleveland Fed president Beth Hammack, who this past weekend said rates should be held at their current level for several months, as she believes inflation concerns still outweigh labor market weakness.<\/p>\n<p>According to the <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">CME FedWatch Tool<\/a>, a majority of investors now expect rates to remain on hold until April, at which point the Fed will resume reductions.<\/p>\n<p>Bond markets will close early at 2:00 p.m. on Wednesday and will be closed Thursday for Christmas Day.<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. Treasury yields edged slightly lower on Wednesday as investors positioned for a shortened trading day ahead of&hellip;\n","protected":false},"author":3,"featured_media":468710,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[17945,78,64,81,79,20674,37923,49075,14230,67,132,68],"class_list":{"0":"post-468709","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bonds","9":"tag-breaking-news-economy","10":"tag-business","11":"tag-business-news","12":"tag-economy","13":"tag-u-s-10-year-treasury","14":"tag-u-s-2-year-treasury","15":"tag-u-s-30-year-treasury","16":"tag-u-s-economy","17":"tag-united-states","18":"tag-unitedstates","19":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115774142909016366","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/468709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=468709"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/468709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/468710"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=468709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=468709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=468709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}