Solid U.S. Data Among Drivers of Higher 10-Year U.S. Treasury Yields

U.S. Treasurys continued to sell off, sending yields higher. Drivers include stronger-than-expected U.S. data, commodity price inflation, and recent statements by Federal Reserve officials advocating a higher terminal rate, Syz Bank said.

U.S. Treasurys continued to sell off, sending yields higher. Drivers include stronger-than-expected U.S. data, commodity price inflation, and recent statements by Federal Reserve officials advocating a higher terminal rate, Syz Bank said.