30-year Treasury yield hits highest level since 2004 as bond market rout continues
Published 21 minutes agoU.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday.
U.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday.
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Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing.
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The policymaker said she and her colleagues may need to raise interest rates further to bring inflation back to target.
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