US Treasury yields hold near highs as hot CPI and strong payrolls cloud the Fed cut path
The US 10-year Treasury yield rises to 4.35%, up 0.5% for the session, as recent data on inflation and employment continue to delay expectations for rate cuts.
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.