U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”

U.S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week. Treasury Yields […]

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