Sunday, November 24, 2024
Yields rise to decade highs, curve inverts on growth fears- oil and gas 360

Yields rise to decade highs, curve inverts on growth fears

Nasdaq June 13 – Benchmark 10-year Treasury yields hit their highest level since 2011 on Monday and a key part of the yield curve inverted for the first time since April as investors braced for the prospect that the Federal Reserve’s attempts to stem soaring inflation will dent the economy. Yields jumped after data on Friday showed that U.S. consumer