Treasury Yields Rise as Fed Rate Hike Expectations Grow Ahead of Inflation Data
U.S. Treasury yields rose across the curve on Tuesday amid growing expectations for Federal Reserve rate hikes ahead of inflation data and a potential June increase. The 10-year yield climbed to 4.6278%, while oil prices surged due to geopolitical tensions, increasing the likelihood of two Fed rate increases by April next year.
Topics: Federal Reserve rate hikes Middle East ceasefire oil prices Treasury yields