Treasury Yield Curve Is Flattest Since 2007 on Rising Fed Bets

  • U.S. two-year note yield closes at highest level since June 6
  • Odds of Fed move this year climb to 55% from 47% a week ago

Flattest Treasury Yield Curve Since 2008

Treasury two-year notes are the cheapest relative to 30-year bonds since the end of 2007 as hawkish comments from Federal Reserve officials spur speculation the central bank will increase interest rates this year.

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