Fed holds interest rates steady
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U.S. Treasury yields rose across the curve on Thursday, with yields on 2-year notes spiking as inflation fears hang over global markets.
Shorter-term Treasury yields are still climbing, lifted by investors' worries that the Iran war is boosting inflation and lowering the chances of interest-rate cuts any time soon. The yield on the 2-year Treasury,
Treasury yields were rising Wednesday, as investors weighed a report showing that wholesale inflation accelerated in February. The yield on the 10-year Treasury note was rising about 2 basis points to around 4.
Monday morning (March 2), the 10-year Treasury yield shot up by 14 basis points from the Sunday low to 4.07%. The 30-year Treasury yield rose to 4.77% on Friday, back where it had been in April 2024,
By Gertrude Chavez-Dreyfuss NEW YORK, March 18 (Reuters) - Foreign holdings of U.S. Treasuries rose in January, data from the Treasury Department showed on Wednesday, recovering from a decline in December as investors returned to the market amid generally elevated yields and shifting expectations for Federal Reserve policy.