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US 10-year Treasury yield tops 19-month high as oil prices fuel rate-hike bets
US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate increase. Short-term yields surged after Fed Chairman Kevin Warsh signaled potential action to control inflation. Investors are now closely watching employment and consumer price data for policy clues. Upcoming corporate bond supply also adds pressure to longer-term Treasury yields.
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swissinfo.ch
US Futures Mixed, Treasury Yields Dip; Oil Rises: Markets Wrap
(Bloomberg) -- US Treasury yields ticked lower and stock futures were mixed as traders assessed the outlook for interest rates following Federal Reserve Chairman Kevin Warsh’s…
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Treasury Yields Dip, Stocks Steady as Oil Rises: Markets Wrap
(Bloomberg) -- US Treasury yields ticked lower and stock futures were mixed as traders assessed the outlook for interest rates following Federal Reserve Chairman Kevin Warsh’s…
