Treasury Yields Rise As Bostic Argues for Late Cuts

The 10-year gains 0.039 percentage point to 4.142% while the two-year gains 0.003 p.p. to 4.355%. Both lower-than-expected weekly jobless claims and housing starts a bit above forecast boosted yields in early trade. Later, Bostic expressed skepticism that interest-rate cuts would arrive before the…

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