(CNBC) U.S. Treasury yields surged higher on Tuesday as investors responded to strong U.S. economic data by betting on further rate hikes from the Federal Reserve. The yield on the benchmark 10-year Treasury note hit a daily high of 3.353%, adding roughly 16 basis points before settling around 3.347% for its highest close since mid-June.
U.S. Treasury yields rise sharply following strong economic data
This entry was posted in Syndicated. Bookmark the permalink.
