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Two-Year Treasury Yields May Rise Further on Robust Economy, BofA Says

U.S. two-year Treasury yields are expected to increase as signs point to a strong economy, potentially leading to further interest rate hikes by the Federal Reserve, according to Bank of America strategists.

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S. two-year Treasury yields are likely to rise further as evidence continues to point to a robust economy which increases prospects of further interest-rate hikes by the Federal Reserve, Bank of America strategists say in a note. S. rates will remain elev…