Treasury selloff pauses as 10-year yield hits post-November 2023 high
Treasury yields dipped after earlier gains as a Fed official suggested a rate increase isn’t certain this month. Overnight, the 10-year yield reached its highest level since November 2023 amid global bond pressure.
By Rebecca FengBond-market turmoil and war are top of mind for investors Wednesday.Treasury yields inched lower, reversing earlier gains as a Fed official suggested that a rate increase isn't certain this month.
Overnight, the 10-year yield hit its highest level since November 2023.Soaring bond yie…