10-year Treasury yield races back to 5% as inflation data, Waller comments drive rate hike expectations

🇺🇸 CNBC (US) —
10-year Treasury yield races back to 5% as inflation data, Waller comments drive rate hike expectations

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The 10-year US Treasury yield rose toward 5% after inflation data came in hotter than expected and Federal Reserve Governor Christopher Waller commented. The moves strengthened expectations that interest rates could be raised.

Treasury yields moved higher after hotter-than-expected CPI report.

Markets US Treasury 10-year yield inflation CPI interest rates Federal Reserve Christopher Waller

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