Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets
Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added to inflation concerns.
By Ruth Carson · Bloomberg Markets
Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added to inflation concerns.