US Treasury yields hold near highs as hot CPI and strong payrolls cloud the Fed cut path
Higher energy prices and recent macroeconomic data have pushed Treasury yields to elevated levels, complicating the Federal Reserve's rate-cut outlook.
Key Points
- Treasury yields hold near highs as hot CPI and strong payrolls cloud the Fed cut path.
- US 10-year Treasury yield was at 4.35, up 0.5% on the session.
According to Reuters, Treasury yields hold near highs as hot CPI and strong payrolls cloud the Fed cut path. US 10-year Treasury yield was at 4.35, up 0.5% on the session.