2-Year Treasury Yield Rises to Fresh High as Inflation Data Looms
U.S. Treasury yields climbed, with the 2-year at about 4.22% (its highest since early last year) and the 10-year around 4.50% while 30-year yields near 4.93%, as investors await May's core PCE inflation data and weigh hawkish Federal Reserve signals alongside ongoing U.S.–Iran tensions.