産する／生じるs 安定した in 縮めるd 開会／開廷／会期 before インフレーション data
By Alden Bentley
NEW YORK, March 28 (Reuters) - U.S. 財務省 産する／生じるs 会社／堅いd in an abbreviated 開会／開廷／会期 on Thursday, with an 上向き 改正 to U.S. fourth-４半期/4分の1 経済成長 供給するing little impetus ahead of the start of the long 復活祭 週末.
With 社債 and 株式市場s の近くにd on Good Friday, Thursday was a subdued end to a ４半期/4分の1 that saw 政府 社債 and 公式文書，認める 産する／生じるs rise as the economy looked 均衡を保った to 避ける 後退，不況 this year.
Thanks to strong 消費者 spending and 商売／仕事 投資 in nonresidential structures like factories, 甚だしい／１２ダース 国内の 製品 増加するd at a 3.4% annualized 率 last ４半期/4分の1, 改訂するd up from the 以前 報告（する）／憶測d 3.2% pace, the 商務省 said in its third 見積（る） of fourth-４半期/4分の1 GDP.
A 報告（する）／憶測 from the Labor Department on Thursday showed 初期の （人命などを）奪う，主張するs for 失業 利益s fell 2,000 to a 季節的に adjusted 210,000 for the week ended March 23.
The healthy numbers did not move the needle for the 社債 market. 社債 仲買人s are more 焦点（を合わせる）d on the 連邦の Reserve's 好意d Personal 消費 支出s インフレーション 索引 報告（する）／憶測 to be 解放（する）d by the 商務省 on Friday, which is not a 政府 holiday.
The 産する／生じる on U.S. 10-year 公式文書，認めるs was up 0.6 basis point at 4.202% when the market の近くにd at 2 p.m. ET. The （判断の）基準 産する／生じる rose about 35 basis points in the first three months of the year.
Last week the Fed left the fed 基金s 率 in the 5.25% to 5.50% 範囲 it has been at since July.
The Fed has said it 推定する／予想するs to lower 利益／興味 率s this year, and its median dot 陰謀（を企てる） 見積（る） last week still showed 75 basis points in 緩和 for 2024. But the Fed is in no 急ぐ to start cutting 率s after 最近の rep orts showing インフレーション rising and the economy showing little 調印する of 重要な slowing.
"The UK, the euro area and Canada have より小数の 疑問s about the 拒絶する／低下する in インフレーション. The problem is that the Fed is 直面するing a 状況／情勢 where there has been an uptick in インフレーション in the U.S. in January and February," said Thierry Wizman, Macquarie´s 全世界の FX and 利益／興味 率s strategist in New York.
"Whether that's a fluke or whether that has to do with mismeasurement of the data is yet to be seen," Wizman said, "but 論理（学）上 it should call for a little bit more 警告を与える from the Fed than from the other central banks."
未来s 仲買人s 現在／一般に see about a 63% probability that the Fed will lower 率s by at least 25 basis points at its June 会合, によれば LSEG data.
Fed 議長，司会を務める Jerome Powell will 参加する in a 穏健なd 通貨の 政策 discussion Friday, meaning the market won't be able to 反応する to the two most important news events of this week until Monday.
"All the 重要な data is 現実に tomorrow instead of today. It's a very strange week," said Gennadiy Goldberg, 長，率いる of U.S. 率s 戦略 at TD 安全s, in New York. "It's the age-old question: 'If PCE 落ちるs in the forest, is anyone around to hear it.'"
The 2-year 公式文書，認める 産する／生じる, which typically moves in step with 利益／興味 率 期待s, rose 5.2 basis points on the day to 4.6221%, and 示すd a 38 basis-point 年４回の rise.
The 30-year 社債 産する／生じる fell 1.2 basis points to 4.3474% on Thursday and was up 33 basis points in the ４半期/4分の1.
A closely watched part of the U.S. 財務省 産する／生じる curve 手段ing the gap between 産する／生じるs on 2- and 10-year 財務省 公式文書，認めるs, seen as an 指示する人（物） of 経済的な 期待s, was at a 消極的な 42.4 basis points, about 3 bp more inverted than at the の近くに of 2023 . It was at -37.4 bp late Wednesday.
(付加 報告（する）／憶測ing by Herb 攻撃する; Editing by Chizu Nomiyama and Leslie Adler)
