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Market Impact: 0.55
U.S. yields climb as inflation, oil rally amp up rate-hike bets
Source: The Globe and Mail
Interest Rates & YieldsInflationMonetary PolicyEnergy Markets & Prices
U.S. Treasury yields rose after a new inflation reading increased market expectations that the Federal Reserve will raise interest rates at its meeting next week. Rising oil prices added to inflation concerns, reinforcing a hawkish rates outlook and pressuring fixed-income markets.
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