Treasury yields surge after US steps up plans to borrow more money

Treasury yields surge after US steps up plans to borrow more money
Posted On August 3, 2023 Receive free US Treasury bonds updates We’ll send you a myFT Daily Digest email rounding up the latest US Treasury bonds news every morning. US Treasury yields climbed to a nine-month high, continuing their ascent following an announcement from the government that it would increase its borrowing in the coming months. The 10-year Treasury yield climbed 0.11 percentage points to 4.19 per cent, extending a rise that began on Wednesday after the US government lifted its issuance target for the coming quarter and strong private payrolls data. Also in the mix, though not necessarily front...
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