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Treasury yields rise as Fed's Waller says more hikes needed, investors await 30-year auction
Summary by CNBC
8 Articles
8 Articles
Treasury yields rise as Fed's Waller says more hikes needed, investors await 30-year auction
U.S. Treasury yields climbed higher on Thursday as investors eagerly awaited the long-dated bond auction later in the day, after strong sales of 10-year notes.
·Englewood Cliffs, United States
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According to CNBC, 10-year Treasury is close to stability after Waller defends higher interest rates and before 30-year auction
The focus is on statements by a member of the US Federal Reserve (Fed) board that additional interest rate hikes may be needed.
US long-term interest rates rose on Thursday after Federal Reserve Board member Christopher Waller said that further interest rate hikes are likely necessary to curb inflation in the country.
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Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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