TREASURY SELLOFF GATHERS MOMENTUM U.S. Treasury yields climbed across the curve after Fed officials Lorie Logan and Beth Hammack defended t…
TREASURY SELLOFF GATHERS MOMENTUM
U.S. Treasury yields climbed across the curve after Fed officials Lorie Logan and Beth Hammack defended their calls for a 25 bp rate hike, boosting expectations of near-term tightening.
The 10-year Treasury yield rose to 4.737%, its highest intraday level since January 2025, as investors increased bets on higher rates.