2-year Treasury yield surged to its highest since 2024 as Fed rate hike loomed
- Treasury: 63 events in the last 90 days
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What happened
The 2-year yield touched 4.744% on Friday, as markets priced in a 58% chance of another rate increase in October
Summary assembled by rule from the sources below
Why it's spreading
Timeline
- First appeared on Yahoo FinanceYahoo Finance
- Quartz started reportingQuartz