US bond yields hit 17-year highs last week as the Federal Reserve continues to signal that it will tighten policy by raising interest rates. The yield on the two-year Treasury note reached 5.2%, reports Bloomberg, marking a 1.4 percentage point rise since May and its highest level since 2006. The yield on the ten-year note neared a 16-year high of 4.5%. This week,
What to expect from markets
Oct 06, 2023
2 minutes
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