2-year Treasury yield eases as light jobs report reduces Fed hike expectations
⢠The 2-year Treasury yield declined following the release of new economic data showing a cooling trend in U.S. job creation heading into the summer. ⢠During a panel at the European Central Bank's annual policy conference in Sintra, Portugal, Kevin Warsh emphasized that current prices remain "too high." ⢠Warsh signaled a commitment to the 2% inflation objective, warning that markets expecting the central bank to accept a higher target would be disappointed.
cnbc.com
