Yields Rise as Fed-Hike Bets Resurface Ahead of Inflation Data

1 min read
Source: Yahoo Finance
Yields Rise as Fed-Hike Bets Resurface Ahead of Inflation Data
Photo: Yahoo Finance
TL;DR Summary

U.S. stocks were on track for a fourth day of declines as longer-dated Treasuries rose and oil surged, with traders pricing in a higher-for-longer Fed stance and about a 62% chance of a rate hike next week ahead of inflation data; the 2-year yield climbed to around 4.53% and the 10-year to about 4.91%, while Brent crude traded above $105 amid Iran-U.S. tensions and tech shares weighed on markets.

Share this article

Reading Insights

Total Reads

1

Unique Readers

4

Time Saved

18 min

vs 19 min read

Condensed

98%

3,75069 words

Want the full story? Read the original article

Read on Yahoo Finance