WS #14295
30-year Treasury yield hits 5.29% highest since 2007, Fed buying T-bills at faster pace than Covid, and traders scale back rate hike bets to 35% for September.
Treasury yields and Fed policy expectations
30-year Treasury yield hits 5.29% highest since 2007, Fed buying T-bills at faster pace than Covid, and traders scale back rate hike bets to 35% for September.