U.S. Treasury Yields Rise Near Multi-Year Highs as Investors Assess Prospects for Interest Rate Hikes by Federal Reserve
U.S. Treasury yields rose on Monday (23rd), hovering near multi-year highs as investors continued to assess the prospects for longer-term interest rate hikes by the Federal Reserve. 6:00 a.m. ET, indicator 10-Year Treasury Bond Yieldrose 8.8 basis points to 5.012%; while the 30-year Treasury bond yield rose 8.2 basis points to 5.169%. Yield is inversely … Read more