Trump Marks 100 Days of Second Term with Low Approval Ratings
April 29, 2025: Donald Trump’s second term has reached the 100-day mark under sustained public skepticism, with national approval ratings
- May 9, 2025 6:32 am
- California
November 21, 2022: -On Friday, U.S. Treasury yields increased as Federal Reserve officials suggested interest prices would go higher still tracking recent economic data had given investors hope regarding inflation easing.
The yield on the benchmark 10-year Treasury was up by three basis points at around 3.803%. The 2-year Treasury yield rose four basis points to 4.495%.
Yields and prices transfer in opposite directions, and every basis point equals 0.01%.
Uncertainty regarding the Fed’s interest rate planning continued to weigh on markets. Throughout the week, a series of Fed speakers indicated that the central bank would continue on its path of interest rate hikes.
On Thursday, speaking at an online event hosted by the Federal Reserve Bank of Minneapolis, its President, Neel Kashkari, said rate hikes should continue until there is confidence that inflation has stopped climbing and that this point had not been reached yet.
Investors had hoped that most delinquent wholesale and consumer inflation figures, less hot than expected, prompting the Fed to slow or pause rate hikes.
Many have been related regarding the speed of hikes leading the U.S. economy into a break and have been scanning Fed speaker words for hints about a policy change. Further remarks are expected on Friday.
On Friday, investors will gain fresh insights into the housing sector, often used as a barometer for the state of the broader U.S. economy, when the present home sales data is published.
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