US Treasury Yields | US Treasuries rose as oil prices declined and gains for UK government bonds reinforced improving sentiment after the Federal Reserve’s interest-rate hike and pledge to throttle inflation.
The rally trimmed yields across maturities by at least five basis points, with the two- and five-year yields retreating from multiyear highs reached Wednesday after the Fed rate hike.
Yields on 10-year Treasuries fell eight basis points to 4.95%, snapping an eight-day rising streak, as traders saw the first hike in three years as restoring the Fed’s inflation-fighting credibility.
US Treasury Yields | US Treasuries rose as oil prices declined and gains for UK government bonds reinforced improving sentiment after the Federal Reserve’s interest-rate hike and pledge to throttle inflation. The rally trimmed yields across maturities by at least five basis points, with the two- and five-year yields retreating from multiyear highs reached Wednesday after the Fed rate hike. Yields on 10-year Treasuries fell eight basis points to 4.95%, snapping an eight-day rising streak, as traders saw the first hike in three years as restoring the Fed’s inflation-fighting credibility.
