Treasury yields spike for second session as U.S. deficit and inflation come into focus

Rates on U.S. government debt finished at their highest levels in about three weeks on Monday, as traders focused on the prospects of continued federal deficits after November’s presidential election and structurally higher inflation.

Rates on U.S. government debt finished at their highest levels in about three weeks on Monday, as traders focused on the prospects of continued federal deficits after November’s presidential election and structurally higher inflation.