Treasury Yields Reach Year’s High as Fed on Track for Rate Hike

Updated on
  • Futures traders assign 98% chance of an increase in December
  • Yellen says interest-rate boost could come ‘relatively soon’

Fed Chair Yellen: Case for a Rate Hike Remains Strong

Treasuries fell, pushing 10-year yields to the highest level of 2016, as Federal Reserve Chair Janet Yellen signaled the U.S. central bank is close to lifting interest rates.

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