Economic TimesLean R·
US Treasury yields climb as strong jobs data, midterm polls weigh; 10-year yield eyes 5% again
US Treasury yields moved higher on Tuesday as stronger than expected labour market data reinforced expectations of economic resilience while investors remained cautious ahead of midterm election results that could reshape the country's fiscal outlook, Reuters reported.The benchmark 10 year Treasury yield rose 6 basis points to 4.954%, while the 30 year yield advanced 5.5 basis points to 5.324%. The two year yield, which is particularly sensitive to Federal Reserve interest rate expectations, cl…
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