Monetary policy expectations drove August moves in U.S. bond yields
Fidelity International’s Marion Le Morhedec said monetary policy expectations were the main driver of government bond yield rises through much of August. Two-year U.S. Treasury yields rose and 30-year yields fell slightly, flattening the curve.
1156 GMT - Monetary policy expectations were the main drivers of government bond yield rises in much of August, Fidelity International's Marion Le Morhedec says in a note. S. Treasury yields rose and 30-year yields fell slightly, flattening the curve as markets reassessed the Federal Res…