Fed Chair Kevin Warsh signalled that the US central bank could raise interest rates if inflation fails to move closer to its 2% target, triggering a sharp shift in market expectations. Treasury yields climbed as investors raised bets on a September rate hike, with upcoming inflation and jobs data now in focus.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.