Shorter-dated US Treasury yields surge in anticipation of another Fed rate hike
The Federal Reserve increased interest rates for the first time in over three years.
Policymakers anticipate at least one more quarter-percentage-point hike by year-end.
Shorter-dated U.S.
Treasury yields rose after the rate hike announcement.
Market bets on a future rate increase at the next meeting ticked higher.
Inflation expectations for the next decade remained around 2.3 percent.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
