Business & Finance
Treasuries Slide as Hot US Inflation Cements December Rate Bets
Key Points
Treasuries Slide as Hot US Inflation Cements December Rate Bets Treasuries sank and traders solidified their bets that Federal Reserve officials will raise interest rates when they next meet in December after evidence of persistently hot US inflation. The declines sent yields higher by more than 10 basis points for Treasuries maturing in two to five years on Tuesday after the economic data. Traders added to bets on at least two rate hikes by the middle of 2027 — and started to price in a...
Treasuries Slide as Hot US Inflation Cements December Rate Bets
Treasuries sank and traders solidified their bets that Federal Reserve officials will raise interest rates when they next meet in December after evidence of persistently hot US inflation.
The declines sent yields higher by more than 10 basis points for Treasuries maturing in two to five years on Tuesday after the economic data. Traders added to bets on at least two rate hikes by the middle of 2027 — and started to price in a small chance of a jumbo-sized half-point move in December.