U.S. Treasury yields ticked higher, hovering just below multiyear highs as investors continue to assess the prospect of higher-for-longer interest rates.
U.S. Treasury yields ticked higher on Monday, hovering just below multiyear highs as investors continue to assess the prospect of higher-for-longer interest rates., who said the central bank would remain"resolute" in its commitment to bring inflation down sustainably to 2% and that lower economic growth was likely needed to achieve this goal.
Fed fund futures pricing reflects a 98% probability that the central bank keeps its main interest rate unchanged at the current target range of 5.25-5.5% at its next monetary policy meeting.Auctions will be held Monday for $75 billion of three-month Treasury bills and $68 billion of six-month bills.Mercer's Olaolu Aganga makes the case for shifting from public equities to private markets
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