Two-Year Treasury Yields Head for Biggest Weekly Jump in Two Years
Hotter-than-expected consumer price inflation and hawkish Federal Reserve commentary this week led traders to increase bets on faster rate hikes.
By Karen BrettellInterest-rate-sensitive 2-year Treasury yields are headed for the largest weekly increase in over two years on Friday after hotter-than-expected consumer price inflation and hawkish Federal Reserve commentary this week led traders to ramp up bets on faster interest rate increases.T…