The 2-year Treasury yield moved to its highest level in two years in anticipation of more Fed rate hikes.
Global government bond yields were on the upswing, with the rising tide lifting the 2-year Treasury yield to 4.741%, its highest level since July 2024.
The prospect of more Fed rate hikes pushed sho… [+691 chars]
The prospect of more Fed rate hikes pushed sho… [+691 chars]