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US Treasuries Slump as Hot Inflation Lifts Fed Rate-Hike Bets

Source: Bloomberg

InflationInterest Rates & YieldsMonetary PolicyCredit & Bond Markets

US Treasuries slumped after hotter-than-expected inflation led traders to raise expectations for Federal Reserve interest-rate increases later this month and next year. The article gives no specific yield moves or rate-hike probabilities.

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