Treasury yields ticked higher early Monday as traders anticipated the U.S. Federal Reserve’s next move in the face of persistently high inflation.
Treasury yields ticked higher early Monday as traders anticipate the U.S. Federal Reserve's next moves in the face of persistently high inflation.bond rose 1 basis point to trade at 3.8713% at 2:45 a.m. ET. It comes after the yield last week climbed above 3.9% — a level last seen in November 2007., meanwhile, was less than a basis point higher at 3.4554%. Yields move opposite to prices. One basis point is equivalent to 0.01%.
The Fed's two-day meeting is due to begin Tuesday, with most market participants expecting another 75-basis-point hike by the central bank. Some analysts have, however, argued the
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