US yields climb after inflation reading boosts Fed hike expectations
U.S. Treasury yields rose on Thursday after the latest inflation reading pushed up expectations for a Federal Reserve rate hike next week. A rally in oil prices also contributed to inflation worries, with 10-year yields trading at their highest levels in the period reported.
S. Treasury yields rose on Thursday after the latest inflation reading increased expectations for a Federal Reserve interest rate hike next week. Rallying oil prices also added to inflation worries. Yields on 10-year Treasury notes were trading at their highest levels in nea…