{"id":55833,"date":"2023-09-01T14:12:25","date_gmt":"2023-09-01T18:12:25","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/treasury-yields-turn-mostly-higher-after-inflation-comments-by-feds-mester\/"},"modified":"2023-09-01T14:12:27","modified_gmt":"2023-09-01T18:12:27","slug":"treasury-yields-turn-mostly-higher-after-inflation-comments-by-feds-mester","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=55833","title":{"rendered":"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002463977\" role=\"document\">\n<p>Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.<\/p>\n<div class=\"paywall\">\n<h2>What\u2019s happening<\/h2>\n<ul class=\"articleList\">\n<li>\n      The yield on the 2-year Treasury<br \/>\n        BX:TMUBMUSD02Y<br \/>\n       was down slightly at 4.853% versus 4.857% on Thursday. <\/p>\n<\/li>\n<li>\n      The yield on the 10-year Treasury<br \/>\n        BX:TMUBMUSD10Y<br \/>\n       was 4.16%, up 7 basis points from 4.090% as Thursday afternoon.<\/p>\n<\/li>\n<li>\n      The yield on the 30-year Treasury<br \/>\n        BX:TMUBMUSD30Y<br \/>\n       was 4.279%, up 7.6 basis points from 4.203% late Thursday.<\/p>\n<\/li>\n<\/ul>\n<h2>What\u2019s driving markets<\/h2>\n<p>In remarks made at a conference in Europe on Friday, Mester, president of the Cleveland Fed, said inflation \u201cremains too high\u201d despite some progress. Fed officials are trying to determine whether the current level of the fed funds rate target \u201cis sufficiently restrictive and how long policy will need to remain restrictive to keep inflation moving down,\u201d she said.<\/p>\n<p>Her remarks overshadowed Friday\u2019s official jobs data, which investors and traders read as supporting the case for a cooling labor market. Though the U.S. created a higher-than-expected 187,000 new jobs in August, the unemployment rate rose to 3.8% and job gains were much weaker than originally reported for July and June.  <\/p>\n<p>Also on Friday, ISM\u2019s manufacturing PMI rose to 47.6% in August from 46.4% in the prior month.  <\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/bond-yields-steady-ahead-of-data-that-could-show-continued-payrolls-slowdown-b8cd4d4b?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report. What\u2019s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was down slightly at 4.853% versus 4.857% on Thursday. The yield on the 10-year Treasury BX:TMUBMUSD10Y was 4.16%, up 7 basis points from 4.090% as Thursday [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-55833","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=55833\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=55833\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-01T18:12:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-01T18:12:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/mw_logo_social.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=55833#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=55833\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester\",\"datePublished\":\"2023-09-01T18:12:25+00:00\",\"dateModified\":\"2023-09-01T18:12:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=55833\"},\"wordCount\":221,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=55833#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=55833\",\"url\":\"https:\/\/ifintechworld.com\/?p=55833\",\"name\":\"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-09-01T18:12:25+00:00\",\"dateModified\":\"2023-09-01T18:12:27+00:00\",\"description\":\"Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=55833#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=55833\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=55833#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester | iFintechWorld","description":"Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=55833","og_locale":"en_US","og_type":"article","og_title":"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester | iFintechWorld","og_description":"Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.","og_url":"https:\/\/ifintechworld.com\/?p=55833","og_site_name":"iFintechWorld","article_published_time":"2023-09-01T18:12:25+00:00","article_modified_time":"2023-09-01T18:12:27+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/mw_logo_social.png","type":"image\/png"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=55833#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=55833"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester","datePublished":"2023-09-01T18:12:25+00:00","dateModified":"2023-09-01T18:12:27+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=55833"},"wordCount":221,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=55833#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=55833","url":"https:\/\/ifintechworld.com\/?p=55833","name":"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-09-01T18:12:25+00:00","dateModified":"2023-09-01T18:12:27+00:00","description":"Treasury yields turned mostly higher Friday morning after remarks by the Cleveland Fed\u2019s Loretta Mester overshadowed August\u2019s nonfarm payrolls report.","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=55833#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=55833"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=55833#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Treasury yields turn mostly higher after inflation comments by Fed\u2019s Mester"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/55833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55833"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/55833\/revisions"}],"predecessor-version":[{"id":55834,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/55833\/revisions\/55834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/1898"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}