Treasury yields mixed after Trump hits Fed again for raising rates [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
U.S. Treasury yields were mixed on Friday after President Donald Trump doubled down on his criticism of the Federal Reserve's monetary policy decisions. The short-term two-year note yield fell to 2.59 percent, while the benchmark 10-year note yield rose to 2.884 percent. The 30-year bond yield, meanwhile, rose to 3.02 percent. Trump went after the Fed for a second straight day, tweeting: The United States should not be penalized because we are doing so well. Tightening now hurts all that we have done. The U.S. should be allowed to recapture what was lost due to illegal currency manipulation and BAD Trade Deals. Debt coming due & we are raising rates - Really? Tweet On Thursday, Trump told CNBC's Joe Kernen he was not thrilled the Fed was raising rates. “I am not happy about it. But at the same time I’m letting them (the Fed) do what they feel is best,” the president said. Trump's remarks are rare for a U.S. president since they rarely intercede whe
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CMCSA
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CMCSA
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