US yields rise slightly, rate hike bets ease after inflation data
Longer-dated US Treasury yields were higher on Wednesday afternoon while 2-year yields were close to flat as investors digested August's slower-than-expected inflation increase and bets decreased for a Federal Reserve interest rate hike in October.
Longer-dated US Treasury yields were higher on Wednesday afternoon, while 2-year yields were close to flat as investors digested August's slower-than-expected inflation increase. Bets eased for a Federal Reserve interest rate hike in October after the inflation data. The move came before 2-y…