Treasury yields are flat as investors digest latest GDP and inflation data
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By Joseph Wilkins
Published on May 1, 2026.
Treasury yields have remained unchanged as investors digest latest GDP and inflation data. The 2-year Treasury note yield, which tracks short-term Federal Reserve interest rate policy, remained flat at 3.890%. The 10-year yield on the key benchmark for U.S. government borrowing remained unchanged at 4.390%. The Commerce Department reported that first-quarter GDP grew at a 2% seasonally adjusted annualized pace, lower than Wall Street economists' consensus estimate of 2.2%. The personal consumption expenditures price index, the Federal Reserve's preferred inflation rate, rose 0.7% in March, putting the annual inflation rate in line with Wall Street forecasts of 3.5%. The Fed voted to keep the benchmark federal funds rate between 3.50% and 3.75%.
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