Rising bond revenue impacts markets
U.S. Treasury yields rose on Friday following the Federal Reserve's decision to hike interest rates for the first time in three years, as markets awaited guidance on the future monetary policy path. The yield on the 10-year Treasury surpassed 5%, reaching approximately 5.004%. Yields on the 2-year Treasury also increased to 4.743%, while the 30-year Treasury yield rose to 5.336%. This increase reflects ongoing market apprehension after the announcement of monetary tightening, with the Fed Chair emphasizing that inflation remains high.
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