Treasury yields resumed their rise as investors looked ahead to crucial consumer price data on Wednesday, which could further erode confidence in Federal Reserve interest-rate cuts over the next year.
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(Bloomberg) — Treasury yields resumed their rise as investors looked ahead to crucial consumer price data on Wednesday, which could further erode confidence in Federal Reserve interest-rate cuts over the next year.
Two-year yields — more closely tied to the Fed’s decisions than longer-maturity debt — reached the highest level since July, and three- to 30-year yields rose at least 10 basis…
