2-year Treasury yields rises above 5% after higher labor costs undermine rate-cut theme
Posted: Tue Apr 30, 2024 1:48 pm
Treasurys sold off Tuesday morning, pushing the policy-sensitive 2-year rate back above 5%, after U.S. labor-cost data cast doubt on expectations for the Federal Reserve to cut interest rates.
Source: https://www.marketwatch.com/story/treas ... topstories
Source: https://www.marketwatch.com/story/treas ... topstories