Treasury Yields Rise as Inflation Fears Lift Rate Expectations
Treasury yields rose during a week when renewed inflation fears lifted expectations for higher interest rates. Softer-than-expected wholesale inflation did little to offset a surprisingly high consumer price gauge, while Fed remarks turned more hawkish.
1717 ET - Treasury yields rise in a week when a revival of inflation fears lifts expectations of higher interest rates. Softer-than-expected wholesale inflation does little to offset a surprisingly high consumer price gauge, while Fedspeak turns more hawkish. Markets now expect the Fed to hike in D…