Treasury yields rise to multi-year highs after wholesale PPI
U.S. Treasury yields climbed Thursday morning after the wholesale inflation report left markets pricing a firmer path for rates. The 2-year yield rose 6 basis points to 4.50%, its highest level since July 2024.
U.S. Treasury yields moved higher Thursday morning after the latest wholesale inflation report kept markets pricing a firmer path for rates. The U.S. 2 Year Treasury yield TVC:US02Y rose 6 basis points to 4.50%, its highest level since July 2024.
The benchmark U.S. 10 Year Treasury yield also advanced.