Wall Street Lunch: Yields Hit Financial Crisis Highs As Inflation Raises Fed Hike Odds

Treasury yields surged to post-2008 highs, driven by global rate hikes and persistent wholesale energy inflation. Odds of a Federal Reserve rate hike next week rose to 70% as inflationary pressures remain entrenched, especially in services.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 2 weeks ago

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News ID #16,016

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