U.S. 2-Year Yields Reach Highest Since 2011 as Fed Meeting Looms

Updated on
  • Traders get `cold feet' before Fed begins policy meeting
  • Futures show 28 percent chance Fed will raise rates this month

Two Reasons the Fed May Hold Off on a Rate Hike

Treasuries tumbled, lifting the two-year note yield to the highest since April 2011, as gains in U.S. retail sales prompted investors to retreat from the securities that would be most affected if the Federal Reserve raises interest rates.

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