U.S. Treasury Yields Confound Analysts as Fed Rate Bets Revived

Updated on
  • Ten-year yield above average year-end forecast for first time
  • Gauge of demand at 3-year note sale is highest since December

What's Behind the Moves in Bond Markets?

Analysts who spent the past year chasing the rally in Treasuries now risk getting caught flat-footed by a retreat.

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