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Business & Finance

Bond Yields Soar as Investors Foresee Another Fed Interest Rate Increase

Key Points

The 10-year Treasury yield on Wednesday rose to around 5.1 percent, as investors grew more convinced the Fed Reserve will raise interest rates again.

The 10-year Treasury yield on Wednesday rose to around 5.1 percent, as investors grew more convinced the Fed Reserve will raise interest rates again.
Treasury (ORG) the Fed Reserve (ORG)
Originally published by NYT Business Read original →