U.S. Treasury Yields Hit Multiyear Highs on Economic Data, Fed Rate-Boost Expectations — 3rd Update

By Emese Bartha and Jessica CoacciYields on U.S. Treasurys continued to set fresh multiyear highs amid a strong batch of economic data, increasing expectations the Federal Reserve will raise interest rates at its October meeting.The 10-year Treasury yield rose as high as 5.165%, the highest level s…