Treasury Yields Plow Higher as Traders See First Fed Cut Later

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Treasury yields surged as data showing strength in US business activity and a tight labor market sparked traders to push back the timing for Federal Reserve interest-rate cuts until the end of this year.

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3 factors this strategist believes will impact interest ratesTreasury yields (^TYX, ^TNX, ^FVX) are surging on Tuesday as the Treasury Department announced higher yields will be expected for the next two quarters...
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