Treasury Yields Dip as Rate-Hike Fears Clash with Inflation Watch
TL;DR Summary
U.S. Treasury yields slipped on Tuesday despite fears of higher rates weighing on tech stocks, with the 10-year yield around 4.495%, the 2-year about 4.198%, and the 30-year near 4.943%. Investors await May’s PCE inflation data—the Fed’s preferred gauge—with core PCE expected to rise from April per economists polled by FactSet.
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