Treasury Yields Rise as Oil Prices Climb Ahead of Key Inflation Data
Mumbai, Aug. 11 -- The 10-year Treasury note yield rose at the start of the week as oil prices climbed and investors looked ahead to a busy week of economic data, with particular focus on a key inflation reading.
The benchmark yield gained more than 4 bps to 4.70% while the 30-year Treasury bond traded up more than 4 bps as well to 5.25%. The 2-year Treasury note yield rose more than 3 bps to 4.24%.
Published by HT Digital Content Services with permission from Capital Market....
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