Bond Report: 2-year Treasury yield carves out another 17-year high after hawkish Fed meeting


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Treasury yields ended at their highest levels in a dozen years or more on Thursday as investors continued to absorb the Federal Reserve’s message of higher-for-longer interest rates.

What happened

What drove markets

Treasury yields continued to climb on Thursday as investors absorbed the Federal Reserve’s projections from Wednesday, which suggested that another interest-rate increase is on the way by year-end and that borrowing costs are likely to be cut in 2024 by less than previously thought.‘The world has…

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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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