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Treasury yields rise as Fed rate-hike expectations increase ahead of June inflation
Treasury yields moved higher on Tuesday as investors leaned further toward additional Federal Reserve interest rate hikes ahead of the June inflation release, CNBC World reports.
The rise reflected changing rate expectations rather than a single new data point, with markets repricing the Fed path into the inflation print.
Higher yields indicate tighter policy expectations are gaining traction, as investors positioned ahead of the next inflation signal from the United States.
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