Bond Report: Treasury yields higher, reinverting the curve, after Fed’s June minutes

by | Jul 6, 2022 | Stock Market

A selloff in Treasurys gained further momentum on Wednesday after minutes of the Federal Reserve’s June 14-15 meeting indicated that policy makers intend to stick with a 50 or 75 basis point interest rate hike next month, sending yields higher across the curve.The spread between 2- and 10-year yields re-inverted again before and after the release, falling below zero.What’s happeningWhat’s driving markets Minutes of the Federal Reserve’s June 14-15 meeting, released on Wednesday, showed that policy makers…

Article Attribution | Read More at Article Source

Share This