Bond yields surge most in 19 months as traders brace for Fed rate hikes
· cnn.com · popularity 45/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
New York — US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation. The two-year Treasury yield, which …
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