Connect with us

Hi, what are you looking for?

News

Inflation Data Fuels Climb in Short-Term Treasury Yields

Inflation Data Fuels Climb in Short-Term Treasury Yields

Yields on shorter-term U.S. government bonds rose after data showed inflation reached a 30-year high in October, reflecting investors’ expectations that the Federal Reserve will have to raise interest rates more quickly to combat surging consumer prices.

The yield on the two-year Treasury note, which often climbs when investors anticipate tighter central bank policies, rose back toward its highs for the year near 0.5%, according to Tradeweb. That compares with 0.409% at Tuesday’s close.

You May Also Like

News

A member of Pakistan’s parliament, Sania Ashiq Jabeen was born in Lahore and raised there. She studied at the National College for Drug Administration...

Lifestyle

SINGAPORE – For four decades, Japanese singer and actress Seiko Matsuda has built a following across Asia through a non-stop output of albums, television...

Politics

Almost every April since 1972, the Hash Bash has been held on the Diag of the University of Michigan campus, a free speech event...

News

Grief and joy coexist during Dia de Los Muertos, but Flo Hernandez-Ramos chooses to focus on the celebration every Nov. 2. DENVER — The...