Yields jump after hotter-than-expected inflation data
By Karen BrettellUS Treasury yields jumped on Tuesday after data showed that US consumer prices rose more than economists expected in October, leading traders to bolster bets on a larger interest rate hike at the Federal Reserve’s December meeting.The Consumer Price Index rose 0.4% last month after…
By Karen BrettellUS Treasury yields jumped on Tuesday after data showed that US consumer prices rose more than economists expected in October, leading traders to bolster bets on a larger interest rate hike at the Federal Reserve’s December meeting.The Consumer Price Index rose 0.4% last month after…