Bond Yields Climb as Inflation Data Keeps Fed Hike Bets Alive
Treasury yields edged higher after a key gauge showed inflation remains well above the Federal Reserve’s target, keeping alive expectations that the central bank will start raising interest rates by...
By Ye Xie · Bloomberg Markets
Treasury yields edged higher after a key gauge showed inflation remains well above the Federal Reserve’s target, keeping alive expectations that the central bank will start raising interest rates by the end of the year.