Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week.
Global Bond Selloff Sends 10-Year Treasury Yields to Cusp of 5%
Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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