US Treasury Yields Rise Amid Expectations of Further Rate Hikes
UKPulse Money Desk
US Treasury yields have increased following strong economic data, which has led to speculation about potential further interest rate rises.
- US Treasury yields have soared.
- Strong data is fuelling bets on further rate rises.
- A closely followed survey underscores worries about parts of the US economy overheating.
US Treasury yields have risen significantly after the release of strong economic data. This data has reportedly fuelled expectations of further interest rate increases.
A recent survey, which is closely monitored, has highlighted concerns that certain sectors of the world's largest economy may be experiencing overheating.