Investors are waiting the PCE report for March, which includes a preferred inflation measure for the Federal Reserve as it gets ready to meet next week.
Treasury yields eased back on Friday, as investors awaited the last big economic indicator ahead of the Federal Reserve’s policy meeting next week.
... Treasury yields eased back on Friday, as investors awaited the last big economic indicator ahead of the Federal Reserve’s policy meeting next week. In the spotlight for Friday will be the PCE report for March, due at 8:30 a.m. Eastern. The core component is one of the Fed’s most closely watched inflation gauges. The first-quarter employment cost index, alongside personal income and spending for March is due at the same time.
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