Treasury yields hit multi-year highs as markets price Fed hike
Treasury yields settled at new multi-year highs as markets price a potential Fed hike amid an uncertain long-term outlook. Inflation expectations hover around 2.5% on one-year swap rates, above the Fed’s 2% target, per LSEG.
Treasury yields settled at new multi-year highs as markets priced in a Fed hike, while the longer-term outlook remained uncertain. 5%, based on one-year swap rates, Those expectations had been below target in early…