The U.S. Treasury yields held steady as investors assessed fresh economic data on growth and inflation, according to CNBC. The 10-year yield edged down slightly to 4.386 percent, while the 2-year yield also dipped marginally, reflecting cautious market sentiment.
The report said first-quarter GDP grew at an annualized rate of 2 percent, below expectations of 2.2 percent. Analysts linked the softer growth to supply disruptions tied to the ongoing Middle East conflict. Inflation data showed the personal consumption expenditures index rose 0.7 percent in March, with annual inflation at 3.5 percent.
Treasury yields are flat as investors digest latest GDP and inflation data https://t.co/sMxJP1hIPV
— CNBC International (@CNBCi) May 1, 2026
The Federal Reserve kept interest rates unchanged at 3.50 percent to 3.75 percent, in line with market expectations.
Meanwhile, the Donald Trump administration argued that a ceasefire with Iran has ended active hostilities, potentially avoiding congressional approval requirements.
Global concerns persist, with central banks warning that energy price volatility could keep inflation elevated.
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TIPP Staff
