The yield on the two-year U.S. Treasury note hit a 17-month high of 4.2393%, with federal funds rate futures indicating that the market expects a 39-basis-point rate hike by December.
2026-07-13
The yield on the two-year U.S. Treasury note hit a 17-month high of 4.2393%, with federal funds rate futures indicating that the market expects a 39-basis-point rate hike by December.