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News 2026-10-14 14:11 UTC

TREASURIES — US yields jump as hot consumer inflation boosts rate hike bets

December Fed hike odds rise above 96.6% from 87.9%, LSEG data shows September CPI rises 0.6% on month and 3.7% on year Two-year Treasury yield touches 4.9521%, highest since September 29 By Sinéad Carew Oct 14 (Reuters) — Yields on US Treasuries climbed across durations on Wednesday after consumer prices accelerated in

News 2026-10-14 13:01 UTC

Treasury Yields Soar After Hot CPI Report

The yield on the US 10-year Treasury note surged 9bps to 5.3% on Wednesday, approaching again highs last seen in early 2002, after the latest US inflation report came in hotter than expected. While higher energy prices were the main driver, the data also pointed to relatively broad-based inflationary pressures. Annual