US Treasury yields rise amid strong jobs data and sticky inflation, pushing 10-year yield to 4.47%
The yield climbed 1.1% in the session as macroeconomic data raised doubts about the timing of Fed rate cuts.
Key Points
- Treasury yields rise as strong jobs data and sticky inflation cloud Fed cut path.
- US 10-year Treasury yield was at 4.47, up 1.1% on the session.
According to Reuters, Treasury yields rise as strong jobs data and sticky inflation cloud Fed cut path. US 10-year Treasury yield was at 4.47, up 1.1% on the session.