Treasury yields end at four-week highs after another poorly received auction

Yields on U.S. government debt finished at their highest levels in about a month on Wednesday after another Treasury auction was met with poor demand and as concerns grow that the Federal Reserve may have to keep interest rates higher for longer.

Yields on U.S. government debt finished at their highest levels in about a month on Wednesday after another Treasury auction was met with poor demand and as concerns grow that the Federal Reserve may have to keep interest rates higher for longer.