U.S. and Eurozone Bond Yields Rise as Fed Rate Expectations Stay Strong
Bond yields rose in Europe and the U.S. on Friday. The 10-year Treasury yield increased 2.4 basis points to 5.133%, from Thursday's 5.102% settlement.
By Emese Bartha and Paulo TrevisaniBond yields rose in Europe and the U.S. on Friday as inflationary pressures kept expectations for further Federal Reserve interest-rate increases strong.The 10-year Treasury yield rose 2.4 basis points, to 5.133%, from Thursday's settlement of 5.102%, according to…