Reported 2 days ago
Treasury yields rose as investors sought clarity on US interest rates following mixed economic reports, with the 10-year yield climbing to 4.52% after a holiday. Despite concerns about inflation and economic growth, Federal Reserve officials indicated there are no immediate plans for rate cuts. European benchmark rates also increased amid defense spending discussions, leading to tighter bond spreads. Analysts suggest that rising inflation risks may challenge further reductions in Treasury yields.
Source: YAHOO