Investors Sell U.S. Treasurys in Asian Trade, Yields Rise — Market Talk
U.S. Treasury yields rise across maturities in Asian trade after the 10-year yield rose above 5% for the first time since October 2023 on Monday. Investors await the Federal Reserve's rate decision on Wednesday, with a 25bp hike priced in with a 93% probability, according to LSEG. "Logic would sugg…